How to record personal transactions

talialltaliall Member Posts: 3

I've read the most recent instructions on "how to record personal transactions" in Wave. I can choose the correct account, which is Owner's Investment / Drawings (under equity); however when I try to categorize it (and follow the instructions given by Wave support), I can choose Personal Expense or Withdrawal from dropdown, but this is all I see: All personal transactions must flow through a liability account for proper bookkeeping. Learn more. When I click on "Learn More", it just takes me back to the instruction link on how to record personal transactions. What should I do? Please, can someone instruct me?
Thanks in Advance,
Talia

Sign In or Register to comment.