Experienced Member
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Re: How to record Cash withdrawals used for business expenses?

Thank you for taking the time to help me on this. 

 

I have the two transactions on my banking waiting to be recognized:

 

1. 9/18 = -$1,000 ATM withdrawal

2. 9/25 = +$200 Deposit

 

Would you recommend me to exclude them and then follow the steps you just mentioned?

I was hoping to somehow categorize the two transaction to the right chart of accounts from the banking section, but I am certainly open to other suggestions. 

 

If not, I can certainly go your recommended route. 

Thank you,