I have made 2 cash deposits in my new business account to use as cash flow. What and how do I categories them? The money was transferred from my personal account.
Hello Aaronkpattrick-w, thanks for posting on the community page, it all depends on how you want to categories them are you looking to repay the money to yourselves later on? If so you could do what Paul72 has suggested. If you're not going to pay it back to yourself, then you can do it as an opening balance.