Pete, I am still having problems reconciling the Visa bank account. Can you take me through the recommended steps for handling cc statements and subsequent payment.
Pete, I am still having problems reconciling the Visa bank account. Can you take me through the recommended steps for handling cc statements and subsequent payment.
Ok I'm a little confused so bare with me.
I am using Money Out, Add Bill/Expense, Credit Card Payment. This generates a bank transfer from Current A/C to Visa account.
That's correct your just making a transfer from one account to another - you're actually not paying bill. So all is good there.
When i go to reconcile Money In items in the visa account it doesn't give me the option to raise a Bill. It is asking me to raise an invoice.
So anything in Money IN is an incoming payment - so that's correct too.
When i go to reconcile Money In items in the visa account it doesn't give me the option to raise a Bill.
Just make sure you're statement in excel doesn't have a minus figure beside the number. Sometimes the bank export does this. Therefore Bullet thinks it's something else.
Can I just ask why you're reconciling "Money In Things", in a VISA statement. Money usually travels out of a Credit Card not in. Again just make sure there isn't a minus - beside the figures which would tell Bullet at it's the reverse of what I should be.
If I do a manual bank transfer it results in a duplicate debit transaction in my current account.
You shouldn't need to do any manual transfers for Credit Card items.
Let me know if that helps
Pete
Tks Pete