Started business using a personal account
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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
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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
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.