Various ways of spending money

…The banking command center, allows a business…to record cash received, and cash paid transactions.…There are two methods of entering money that has been…spent, either through the Spend Money or the Bank Register windows.…In this video, we will focus on the spend money function.…This function can be used to enter cash payments.…For example, writing a check to pay an electricity bill.…And also for payments that do not involve an…actual check, like recording bank charges, from a bank statement.…Or paying rent for a business premise, via a direct debit.…

These payments can be set up, to…be automatically deducted from a bank account.…The bank register, can also be used to enter these payments.…One advantage of this method, is multitasking,…as the screen allows you to enter…a transaction, whilst viewing all previous transactions…stored in the register, at the same time.…We will learn how to use a great feature called save recurring transactions.…This feature, stores the template, of frequently used transactions.…