Question
System bug? Issue posting a credit for bank interest via feed - QBO wouldn't let me - kept saying 'a liability account is needed'. VAT set to no vat sales. Wording from s
However wording from bank included the word 'PAID'
Work around - post as interest expense, then go to that account and edit my entry to a) switch exclusive/inclusive/No VAT to NO VAT and b) I could then change account to interest income.
Was this issue caused by wording from the bank statement - the bank have paid my client, so technically correct, though obviouly income for my client?
Work around - post as interest expense, then go to that account and edit my entry to a) switch exclusive/inclusive/No VAT to NO VAT and b) I could then change account to interest income.
Was this issue caused by wording from the bank statement - the bank have paid my client, so technically correct, though obviouly income for my client?