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Cash injection - how to record

JNLJNL Member Posts: 4

Hi

Newbie with little Accounting knowledge.

When a running business receives a cash injection as capital, how do we record this in WaveApps?

I have created a "Capital" under Chart of Accounts -> Equity --> "Business Owner Contribution and Drawing"

I then set the Category of the bank transaction to Capital

somehow it's still marking it as some kind of income. Is there something I'm missing?

in Accounting Technical Support
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