bonnier
Feb 3, 2011, 08:06 AM
I have merchant deposits and merchant fees, when I post these should I debit the deposit in the expense account and credit the bank for the deposit, when pay do I credit the expense and debit bank, to wash the accounts
Same goes for others that we pay and get money back, should it be handled the same way?
Thanks,
Bonnie
Same goes for others that we pay and get money back, should it be handled the same way?
Thanks,
Bonnie