I've tried looking at other posts, but am not totally clear on the correct way to go. I have uploaded the receipt and am trying to review it. I wanted to put the Bank/Credit account as Owner's Contribution, but it will not let me. Is there a reason I cannot do it this way?
I've read of creating a 'dummy' account and putting this as the Bank/Credit account. As well, it looks like I should be doing a journal entry to capture the expense being paid by personal funds. If I create a journal entry, am I also supposed to do an expense first?
I watched this video 'how to pay expenses w/owner funds in QuickBooks Online' which seemed pretty straight forward (https://quickbooks.intuit.com/learn-support/en-us/expense-accounts/pay-for-business-expenses-with-pe...). However, when I try to do this, my expense page looks a little different and again is making me choose a payment account... this is where I am getting stuck.
