• Phone allowance benefit

    I have setup a phone allowance as a taxable benefit and now the system is autogenerating an entry to, essentially, a non-existent account called, 'Benefits & Tips', and deducting the full amount of the benefit, after it's deducted tax. I have not set…
  • Setting up credit cards - correct asset acct

    Hello, I am setting up my company and entering the credit cards that we accept. At the end of the day when we close the batch on our credit card machine, the funds for the day, minus the discount fees, are deposited right into our bank account. Having…