How do I set this up on Quickfile? (We top up the account so that it always remains in credit.)
If it works on some sort of pre-paid credit basis then you’d just set it up on QuickFile as a bank account (you can select the type as Merchant). Every time you top up the credit just tag the payment as a transfer to the Drop & Go account. When you post items using this service just enter them on that new bank account and tag as a purchase to the Post Office.
Thanks Glenn - help appreciated!
Hi Glenn, I had already loaded details of our company bank account against which ‘Drop and Go’ is a Supplier: ‘Post Office Counters’. Payments are tagged: 'This payment was made to ‘Post Office Counters’ and has been allocated to invoice #QF00003 (etc). Will I need to untag these and retag as transfers?
I don’t think you’ll need to change any previously tagged entries. Just set any opening balance on the new ‘Drop and Go’ bank account to represent any credit you may have and from here on just enter your expenses on that account. When you top-up just tag as a bank transfer from the current account to the ‘Drop and Go’ account.