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events:bonds [2016/11/21 07:43]
exchequer
events:bonds [2016/11/21 08:03] (current)
exchequer
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 ==== Australia - Xero ==== ==== Australia - Xero ====
  
-When reconciling a bond in Xero, you should allocate the bond to the "Cash Advances and Floats"​ account for your group - see the Xero Procedure Manual relevant section for more information on how to do this. When the bond is paid back this amount can also be reconciled against the same account, effectively '​zeroing out' the funds paid. As such, once all funds issues are received back, this account should have $0 in it.+When reconciling a bond in Xero, you should allocate the bond to the "Cash Advances and Floats"​ account for your group - see the Xero Procedure Manual relevant section for more information on how to do this (noting that it is incomplete as of this writing - feel free to ask the list or the Exchequer for help if needed). When the bond is paid back this amount can also be reconciled against the same account, effectively '​zeroing out' the funds paid. As such, once all funds issues are received back, this account should have $0 in it.
  
-A similar procedure can be used for Cash advances for events and other purchases.+A similar procedure can be used for cash advances for events and other purchases.
  
  

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