Hi, I am new to quickbooks and am wanting to use it as a quick and easy way to record transactions, particularly for VAT.
I normally transfer an amount of money from my business account to my personal account every week, and then at the end of the year I work out how much of this is a dividend, wage or personal renumeration with my accountant.
In the meeantime, how do I record these transfers on quickbooks?
Can I put them down as a 'transfer to directors current account'? Or is that the wrong catergory?
Many thanks
