transfers

jemma

hi everyone , total newbie here and im so confused !

with my statements for business (all up uploaded) i have transfers from my business acount to my personal (profits from sales ect) how to i go about recording this in my accounting set up ? do i do this a a owner drawings ? it doent seem to show as a profit when i do this ???

Mikeg

@jemma,
Transfers to your personal account should be categorized as an owners draw.

Barsin

Hey there @jemma

THIS THREAD has a lot of good insight on how to record this in Wave. At the top of the page is the help center article about this type of transfer as well.