Help › Bookkeeping
Pay someone back
When you pay back someone who covered an expense personally, record it against the bank payment that went to them:
- Go to Ledger › Banking › Transactions and click Match on the payment leaving your account (a money-out line).
- In the Record repayment block, click Repay {name} · owed {balance}.
- In the sheet, confirm the Repayment amount (you can split it across their accounts) and record it.
TALISK_HQ pays down what the business owes that person and marks the bank line matched. Because it's a balance paydown, it settles their running balance rather than particular bills.
Note this starts from the bank line, not the People balances panel: the outgoing payment needs to be in your books (imported or connected) first.
Good to know: You record a repayment from the bank line that paid the person, not from the
People balances panel, so the money-out transaction has to be in your books
first. A repayment pays down their running balance overall; it isn't tied to
specific bills.