Reconciling - Record actual bills or direct debits?
Posted: Mon May 11, 2020 8:49 am
Hi
I like to record actual gas/elect costs as a service cost when I get the bill but when I am reconciling from the bank statement the actual direct debit comes up - which doesn't match a bill. And if I did match it to a bill then surely both the dd and the actual bill costs would be recorded so we would have a duplication of expenditure.
How do people manage this?
Cheryl
I like to record actual gas/elect costs as a service cost when I get the bill but when I am reconciling from the bank statement the actual direct debit comes up - which doesn't match a bill. And if I did match it to a bill then surely both the dd and the actual bill costs would be recorded so we would have a duplication of expenditure.
How do people manage this?
Cheryl