Hello - we are a multi-member LLC. Unfortuantely, we were unable to pay all LLC members their monthly draw (due to unpaid invoices). I would like to enter a transaction to show how much each member is owed so when funds become available I can enter a transaction to show they were paid for the unpaid draw.
I have created 3 Equity accounts for each member (Equity, Member Name Contribution, Member Name Distribution). Please advise what account I need to create and what entries I need to make so that our year end books look correct. Thank you!