Show/Hide Toolbars

Jim2® Business Engine Help File

Navigation: Jim2 Functions > Accounts

Enter Child Support Payments

Scroll Prev Top Next More

Create a Liability GL Account called Child Support (or similar).

 

Childsupport

 

When entering the Payroll Journal, add the child support as a credit. This makes up the child support deduction.

 

Childsupport1

 

When paying the child support to a third party, enter a chequebook payment from the bank account to the liability account. This will net off the child support GL account.

 

ChildSupport2

 

Further information

Enter Child Support Payments

Government Support Payments

Move Stock from Depleting to Asset

Purchase an Asset Under Finance

Sell an Asset

Write off Fixed Asset