How do I enter a house sale into my accounting package?



Category : Personal Finance
We sold our house and purchased a new one. The money from the sale went into our lawyer's trust account, and then was passed onto the vendor that sold us the new house.In my accounting package, I have a Sales Invoice and a Purchases Invoice, and I need to credit one against the other.Where do I code those transactions that didn't go through my bank account?Should I just create a new account code, i.e. Lawyer's Trust Account?

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