accpac simply accounting 9.0 Benutzerhandbuch

Part 1:  Setting Up 

2–16    Simply Accounting 

 

SW9UG 1-5.doc, printed on 1/10/02, at 1:24 PM. Last saved on 1/10/02 12:18 PM. 

Track credit-card 
transactions 
separately 

To keep track of credit-card transactions, create a separate asset 
account for each credit card you use or accept, and then set up 
the credit-card accounts for reconciliation. 

Reconcile credit-card 
accounts first 

You will not find deposits for individual credit-card sales on 
your bank statement. The credit-card company normally  
transfers the amounts it owes you in lump sums to your bank, 
based on each day’s credit-card sales. Therefore, it is a good idea 
to reconcile your credit-card accounts before reconciling your 
Bank account.  

For more information about reconciling credit-card merchant 
statements, refer to “Reconciling Statements from a Bank or 
Credit-Card Company” in Chapter 20.  

 

After you have set up your accounts, print a copy of your chart of 
accounts and make sure you have entered everything correctly. 
Keep a copy for your records.  

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If you have been in business for a while before starting to use 
Simply Accounting, you should enter your historical records 
(the transactions that occurred before the earliest transaction 
date, normally the first day of your fiscal year). This ensures 
that your business records are accurate and up to date. Refer 
to Chapter 11 for more information about adding history.  

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If you have finished setting up accounts for reconciliation 
and are ready for regular monthly reconciliation, refer to 
“Reconciling Statements from a Bank or Credit-Card 
Company” in Chapter 20.