Creating a Spend Money transaction

Step 3: Indicate which accounts will be affected by the transaction

Step 1 > 2 > 3 > 4

If you haven’t already read the Spend Money Overview, see Spend Money window details for more information.

The Spend Money window should be displayed.

  1. In the Allocation Account column, indicate which General Ledger account or accounts will be affected -- what debt will be reduced or “paid off,” in effect -- by the transaction.

  2. In the Amount column, enter the amount that corresponds to each account number.

  3. Assign a job number, if needed.

  4. Repeat steps 1 through 3 until the amount in the Total Allocated field equals the amount that appears in the Total Paid field. The Out of Balance amount must be zero before you record.

Creating a Spend Money transaction - Step 3