Solution Properties
Solution ID:
240304191720770
Last Modified Date:
Wed Apr 29 22:06:23 UTC 2026
Taxonomy Path:
Category//Transactions
Author:
sageadmin
How to record Money Out transactions in Accounting Start
Description
Cause
Resolution

NOTE:

If you're using Accounting Standard or Plus, see the article How to create and manage vendor bills instead.

 Follow these three steps:

1. Record Money Out

  1. Go to Banking. 
  2. Select the required bank account. 
  3. Select New Entry, then Money Out. 

Use Enter a refund for a sale when the payment links to a previous sale or includes tax. This option opens a more detailed page.

2. Enter the payment details

Vendor *
Select a contact to link the payment. Select Add a contact to create a new one.
Paid from Bank Account
Confirm the correct bank account or select another account.
Balance
Review the current balance for the selected bank account.
Method
Select the payment method.
Date Paid
Enter the payment date.
Your Reference (optional)
Enter a reference for the payment.
Amount Paid
Enter the total payment amount.
Category
Review or change the default purchase category.
Details
Enter other purchase information.
Total
Confirm that the total matches the amount paid.

* When you select Cheque, you must select a vendor. This requirement ensures the transaction appears in the Cheque Register.

Additional information

  • Enter multiple lines to split costs across categories or tax rates
  • Match the total of all lines to Amount Paid before saving
  • Sage Accounting records the payment as one bank transaction and posts separate category entries
  • Attach supporting files by selecting Attachment, then Upload files

3. Save the payment

  1. Select Save to record the payment.
  2. Select Add Another to enter another payment.

For more information about printing cheques, see the Related Solutions section below.

Steps to duplicate
Related Solutions

Set up cheque printing

Print and manage cheques