GP ACCOUNTS

GP ACCOUNTS

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Hi Everyone,

GP Practice receive income from NHS under Global Payment, NHS pay net amount after deduction of some amount. Can anyone tell me how to record into Sage line 50 with the whole transaction.

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By alicooke71
27th Nov 2015 17:39

GP Accounts
The best way to deal with this is with the use of journals. Credit the bank receipt to a control account and then post your journals to post the gross income and the deductions.

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