Partners tax payments

System
System Posts: 100,537 🤖 Admin 🤖
edited June 9 in General accounting discussion
Apologies in advance - I am more comfortable with limited companies than partnerships!

The Partners of a company that I do book keeping for have paid their July SA payments through the partnership's bank account. Am I correct in posting this payment to their individual current accounts ?

I am seeing it as a drawing.

Many thanks

Comments

  • System
    System Posts: 100,537 🤖 Admin 🤖
    Partners tax payments
    Sevren wrote:
    Am I correct in posting this payment to their individual current accounts ?

    That's correct.

    Regards

    Dean
  • System
    System Posts: 100,537 🤖 Admin 🤖
    Re:Partners tax payments

    Many thanks Dean - I guess it was obvious but I needed a bit of a confidence boost !

    Thank you

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