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| Both sides previous revision Previous revision Next revision | Previous revision | ||
| cats:questions:accounting:whattransactiontouse [2019/07/24 15:05] – [Will this transaction go through a bank?] jen | cats:questions:accounting:whattransactiontouse [2019/10/29 18:34] (current) – [Will this transaction go through a bank?] amanda | ||
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| =====Which type of transaction should I create? | =====Which type of transaction should I create? | ||
| - | Use the following questions to determine which transaction type you should use. | + | Use the following |
| + | [{{: | ||
| - | ====Will this transaction go through | + | ====Transactions that Reference |
| - | Are you withdrawing money from a bank account or receiving money into a bank account? | + | Are you withdrawing money from a bank account or receiving money into a bank account?\\ |
| * To receive money into a bank account, use a [[cats: | * To receive money into a bank account, use a [[cats: | ||
| * To remove money from a bank account, use a [[cats: | * To remove money from a bank account, use a [[cats: | ||
| * To transfer money from one bank account to another, user a [[cats: | * To transfer money from one bank account to another, user a [[cats: | ||
| - | ===Does this transaction involve | + | ===Does this transaction involve |
| - | * Create a disbursement (debit) or a receipt (credit) using either the [[cats: | + | * **Yes** - Create a disbursement (debit) or a receipt (credit) using either the [[cats: |
| - | * To Create a bank-related transaction without referencing | + | * **No** - To Create a bank-related transaction without referencing |
| ====No Bank Involved: General Journal Entries==== | ====No Bank Involved: General Journal Entries==== | ||
| - | To directly debit and credit two G/L numbers, use a [[cats: | + | To directly debit and credit two or more G/L numbers, use a [[cats: |
| {{tag>" | {{tag>" | ||