Just set up Bank feed which is great, however we are VAT registered so how do input this…do I still need to create individual purchases? any guidance?
You do, but there’s several shortcuts. You can create a purchase record as part of the process of tagging bank transactions, though this will make the purchase date match the payment date which may not be accurate. The way I tend to do it is to send my purchase receipts/supplier invoices to the receipt hub, create the purchases there but leave them unpaid, then tag the bank transactions to the unpaid purchases to mark them as paid.
Hello @martinsimpson-hughes
Here are some links to help you regarding what @ian_roberts mentioned.
https://support.quickfile.co.uk/t/tagging-your-bank-transactions/8818
https://support.quickfile.co.uk/t/the-receipt-hub/8934
https://support.quickfile.co.uk/t/vat-returns-guide/8910
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