Can someone advise me : I am using Sage and due to post receipts I have expenses account petty cash account and Credit card I know that they are are separate but when I go to post say my expenses I am confronted with Bank receipt or Bank Payment which Icon do I open just to post these expenses.
When posting receipts in Sage - are they for customers paying their accounts? If this is the case you post to customer. What other type of receipts do you have?
sorry, I ment to say that they are not customers receipts but business expeneses items brought from the petty cash, debit card and credit card . I know I have to post to which ever they apply to but would it be Bank Payment as Money coming from the bank account .
Yes it would be a bank payment. If you have a petty cash tin at work it may be easier to set up on sage a Cash account in the bank section, Bank should be 1200, so you could set up Cash account say as 1210 or 1220, it may be set up already by default.
