How do I deal with monthly cash payments into my Lloyds bank account within QF

[Lurch]

I think you’re along the right lines, but to reconcile the cash account you would need to pay the invoices from the cash account.

The petty cash account isn’t for this purpose though, I would set up a separate holding account for splitting cheque/cash payments.

Processing split payments to different customers

Introduction When tagging your bank ransactions, occasionally you may encounter lump payments that need to be attributed to multiple clients. This is often the case when you bank multiple cheques on one paying-in slip. There are two methods you can use for tagging these transactions. 1. Split the Original Deposit In this case you would delete the original lump deposit on the account and substitute it for the split payments. You can then tag these split payments separately. The end of day balanc…