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Categories AgExpert Accounting AgExpert Analyst
Created by AgExpert Support
Created on Feb 13, 2020

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I bought a load of bales and didn't directly pay the seller. My spouse got a bank draft and paid the seller, and then after some of the bales were delivered I sent an e-transfer to my spouse to repay it. We don't share the same accounts or banks, so that seemed to be the easiest way to do it at the time, but now I'm not sure how to enter all of this into AgExpert. Any help would be appreciated!

  • ADMIN RESPONSE
    Feb 10, 2025

    Hi aristo. For this situation, you'd want two tranasctions. The first, a Withdrawal transaction for $0, with two lines: an EX (expense) line for the purchase of bales and a second line of PA (personal advance) to a personal patronage account of some kind. You would follow that with a second Withdrawal transaction for the $ amount of the bales, with one line: a PD (personal draw) to an appropriate equity account.

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