Explaining 'money in' bank transactions
- Explain money received into your bank account
- Explain an overpayment from a customer
- Explain capital introduced into a business
- Pay off multiple invoices with one payment
- Record commission income
- Explain a grant received under the Coronavirus Job Retention Scheme or Self-Employment Income Support Scheme
- Explain a rent deposit received from a tenant
- Explain a PAYE refund from HMRC
- Explain a Corporation Tax refund from HMRC
- Explain a Self Assessment refund from HMRC
- Explain a VAT refund from HMRC
- Explain bank transactions using the contra account
- Explain transactions using the director’s loan account
- Explain grant income
- Record a bounced cheque received