Hi. I'm currently using separate invoicing and expenses software so at the end of the year I can easily see how much I made and how much I had to pay out. I would like to use QuickBooks to keep in all in one place, but due to being a small company I only have one bank account, so all of my personal payments are mixed up with business payments. I'm happy to go through them all each week/month and sort them out, but how do I classify a personal expense so it doesn't get recorded as an expense at the end of the year, I only want to know about expenses linked to the business?
