Hello matt3023,
You can either use the Owners' equity account or an asset account to track the deposit in your account.
If you wanted to record it using owners equity account, you can do so by create a new equity account. Here's how:
- Click on the Transactions tab.
- Click on Chart of Accounts.
- Click on New.
- Under Account type choose Equity or owners equity account.
- Enter a name on how you want to show them on the reports like Trust deposit.
If you need more help. feel free to give short reply below.
