I receive a regular payment that has an amount deducted from it and sent to a third party. What I am trying to work out is how I record that in KMyMoney. Example payment received £100 recorded as a deposit into bank/checking acccount and as £100 in an income account. But, £20 has been deducted at source and paid to a third party. How do i record this payment?

Gary

If you want to keep track of your gross income (as opposed to net income) and how much you are paying to the third party, you can change the amount to £120 and define a split for the transaction, assigning £20 to the third-party payee.