posted
Best answer February 03, 2020
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Good Afternoon, @InfiPS.
It's fantastic to see you here in the Community. :)
The amount the owner paid is considered a loan to the company. You need to create either a liability account or a credit card account (due to owner). Once this is complete, you can post the transactions there and link them to the bill.
.
If you are not sure which account to pick, consult with an accountant for the best information.
Post back at any time. I'm always here to help. :)
Good Afternoon, @InfiPS.
It's fantastic to see you here in the Community. :)
The amount the owner paid is considered a loan to the company. You need to create either a liability account or a credit card account (due to owner). Once this is complete, you can post the transactions there and link them to the bill.
.
If you are not sure which account to pick, consult with an accountant for the best information.
Post back at any time. I'm always here to help. :)
