Using one bank account for personal and business

Hi Stuart

I am assuming that your business is operated as a sole trade. If so, you can categorise all personal payments as "Drawings" and all personal income as "Capital introduced". This will keep it outside of the business' income and expenditure.

Hope this helps!

Kayleigh

Hi Stuart,

Thanks for contacting Community!

Can I please check which version of QuickBooks you are using whether you have the Self Employed version or standard QuickBooks Online product? So that I can help you with your query.

Thanks

Hi Edward

I have the standard QuickBooks 

Hi Edward

I have the standard QuickBooks and I’m a sole trader