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Post Info TOPIC: Director's account in VT Transactions +
betty121


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Director's account in VT Transactions +
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Hi everyone,

Does anyone know the best way to post transactions to the director's account in VT Transactions +.  The directors have paid out for expenses from their own pockets and I need to credit these amounts to the Director's account.  Do I have to post a journal or is there another way?

Any answers appreciated as always.

Thanks

Elizabeth



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Shamus


Forum Moderator & Expert

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Hi Elizabeth,

items can end up in the DLA via all manner of approaches (including but not restricted to journals).

You just need to ensure that the flip side of the transaction is Creditors:Directors Account

HTH,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
betty121


Senior Member

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Posts: 121
Date:
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Thanks Shaun

I managed to put the transactions through and end result was debit expense and credit director's account.

Cheers

Elizabeth



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