Help properly allocating transfers from Personal Account
JustinLyndon
Member Posts: 1
Hi there,
I am new to this software and was wondering if someone could help me. I would like to properly allocate transfers from my personal account into my business account. I am a sole proprietor and transfer funds from my personal and then pay the bills in my business account. However, all these transfers come up as uncategorized income? Do I need to set up an Owners Equity account, and if so, How? Or do I need to connect my personal bank account for Wave to be able to automatically match the payments? I could do this but didn't want to mix in my personal account if possible.
Thank you for any direction!
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