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Post Info TOPIC: Sage journal - move supplier PA to shareholder loan
Karina


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Sage journal - move supplier PA to shareholder loan
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Hello people :)


I have a £300 payment on account to a supplier (solicitor) as a brought forward from the previous financial year. This payment ended up going towards work done for my boss's personal use.

I want to journal it across so it shows as a payment to boss on the director's loan account (2300) so we can get 'rid' of it in our current financial year.

Is this a P&L journal and why and what would the entries be?!

 

Help!smile



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RobH


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I wonder if the neatest way would be to raise a dummy purchase invoice from the solicitors (assuming you don't have the original) but post to 2300 rather than legal fees. T9 it too so there is no claim on the vat.

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Rob
www.accounts-solutions.com
Karina


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Now that seems very straight forward and transparent - thanks Rob!

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