How to setup and tag monthly Council Tax payments?

[adnw]

I can think of various ways of setting up and tagging regular council tax payments.

Each payment does have a reference number on it that can be used to identify it.

Here is the situation.

Council A receives monthly payments for a number of different properties.
Some are direct debit, some are standing order.

Council B receives monthly payments for a number of different properties.
Some are direct debit, some are standing order.

Should I setup a supplier for each property like:
Council A Property 1
Council A Property 2
Council B Property 3
Council B Property 4

Or,
Just have Council A and Council B?

Should i general automatic monthly purchase invoices, then manually tag each bank transaction to each invoice?

Should i setup auto bank tagging, to tag the payments with associated references to a new invoice for each supplier?

Should i setup auto bank tagging, to tag the payments to the supplier account, then manually associate them to each invoice?

there is probably another few ways it could be done too.

what the best way?

[QFSteve]

Hello @adnw

The support team are not registered accountants. If you are unsure how to record the transactions, I would reccomend speaking to your accountant for professional tailored advice.

Its down to preference. For example if you have a bank feed then auto tagging would probably be the best way to go as the invoice are created automatically from the automatic bank transactions.

I will leave this thread open as there are accountant on the forum who may wish to comment.