Transfers appears to be bugged. Help.
Dear Freeagent Central Team,
Using the latest release of FreeAgent I'm having some problems with entering and describing transfers between a current (bank) account and a PayPal account. It was working perfectly for many months, but something might have been broken recently?
Basically I need to enter transfers to and from the bank account and PayPal account WITHOUT being forced to enter a category explanation for them. (e.g. "Accomodation and Meals" which is set by default).
If I enter the PayPal account and enter a transfer "FROM" another account, and the amount, a corresponding entry of type "PAYMENT" is made in the bank account. This is wrong; the corresponding entry should be a TRANSFER. Not a payment. I also need to change the dates that the money leaves the account, and I cannot change the date since I cannot change the record without having to enter a description / cheque number which implies that I need to enter a category.
There is no category that makes sense when this transaction is forced as a type of "Payment".
The PayPal account has the accounting explanations.
Let's work through an example.
Say MyCo purchases an item or service from a supplier and pays by PayPal.
1. PayPal send the funds immediately to the seller and issue a request for funds from my bank card. This takes around 3 working days.
2. My bank is then charged by PayPal, bringing the PayPal balance level.
3. I describe the PayPal payment as an appropriate Payment category.
4. I used to be able to describe the Bank current account as a transfer, but the "Type" is greyed out.
I have a similar problem when working the other way around (that is, entering the entry initially as a transfer FROM the current account to PayPal).
As I said before; this used to work perfectly. For now I have in my accounts the transfer bank account entry for the movement of money to PayPal now described as "SUNDRIES", which it clearly needs to be described as a transfer like I used to be able to do.
Have I been working too much and missed something?
Thanks for your time.
Using the latest release of FreeAgent I'm having some problems with entering and describing transfers between a current (bank) account and a PayPal account. It was working perfectly for many months, but something might have been broken recently?
Basically I need to enter transfers to and from the bank account and PayPal account WITHOUT being forced to enter a category explanation for them. (e.g. "Accomodation and Meals" which is set by default).
If I enter the PayPal account and enter a transfer "FROM" another account, and the amount, a corresponding entry of type "PAYMENT" is made in the bank account. This is wrong; the corresponding entry should be a TRANSFER. Not a payment. I also need to change the dates that the money leaves the account, and I cannot change the date since I cannot change the record without having to enter a description / cheque number which implies that I need to enter a category.
There is no category that makes sense when this transaction is forced as a type of "Payment".
The PayPal account has the accounting explanations.
Let's work through an example.
Say MyCo purchases an item or service from a supplier and pays by PayPal.
1. PayPal send the funds immediately to the seller and issue a request for funds from my bank card. This takes around 3 working days.
2. My bank is then charged by PayPal, bringing the PayPal balance level.
3. I describe the PayPal payment as an appropriate Payment category.
4. I used to be able to describe the Bank current account as a transfer, but the "Type" is greyed out.
I have a similar problem when working the other way around (that is, entering the entry initially as a transfer FROM the current account to PayPal).
As I said before; this used to work perfectly. For now I have in my accounts the transfer bank account entry for the movement of money to PayPal now described as "SUNDRIES", which it clearly needs to be described as a transfer like I used to be able to do.
Have I been working too much and missed something?
Thanks for your time.
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The company marked this problem solved.
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Inappropriate?Don't forget that I need to be able to manually change the dates on these payments so that they "match" up.
See also: http://getsatisfaction.com/freeagentc... -
Inappropriate?Mike,
Thanks for bringing this to our attention - we're working on a fix for this as a matter of some urgency.
Sorry for the inconvenience...
I’m sad
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Thanks for the speedy response, Ed!
No problem at all; I've marked the item as Sundries and need it fixing by September for the accounts :)
I just thought I was going mad :\ -
Inappropriate?Mike,
We've resolved the issue at our end and will roll this out with the next release 'Mavrud' which will be very soon.
Thanks for bearing with us... -
Superb. Thanks for your super-fast service, Ed. -
1 person says
this solves the problem
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Seriously? Already? Wow, that's incredible. Thank you very much!
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