Accounting question regarding deposits to accounts no longer using
SAS_Design
Member Posts: 2
This fall I got my business accounts all set up. Previously I was using a checking account tied to my personal accounts and having clients send money to my personal Venmo or writing checks that I deposited into my personal account. I don't want to plug these into Wave as I want to keep things simple and only have business accounts imported into Wave. How do I record the client deposits to these accounts? Do I just do a manual/journal entry and note them as cash on hand then another manual/journal entry when I paid myself and my 1099 contractor with the income?
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