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Day-to-day use

Other income and expense payments

Record money outside normal takings and the other costs of running the business.

Other Income

Use Other Income for money received that is not normal Takings, such as rent, a refund, commission, a tax rebate or the sale of old equipment.

Select the date to enter the entry loop. Choose the type, enter the amount, choose where the money was received, then press Save. XB generates the reference automatically.

Expense Payments

Use Expense Payments for business costs outside normal stock or supplier purchases. Select the date, choose the expense type, enter the amount, choose how it was paid, then press Save.

Both sections follow the same simple pattern: choose the type, enter the amount, choose the account, then save. XB generates the reference automatically for both Other Income and Expense Payments.