Started business using a personal account

agentvenayagentvenay Member Posts: 1

I had to start my business with a personal account and now I need to record the personal transaction so that they don’t effect the balance sheet

Comments

  • AlexiaAlexia Member Posts: 3,314 ✭✭✭✭

    Hi, @agentvenay.

    All you'll have to do is categorize those transactions to "Owner's Investments/Drawings". It will mark those transactions as your personal expenses and make sure they don't appear as income or expenses.

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