@Salessio0564It depends on what business entity type it is - sole proprietorship, 100%-owned S-Corp, etc. The personal cc transactions should be assigned to the...
@GreenLadWhat you should do and what you are able to do are most likely two different things. I would start by explaining how much more this is costing him in b...
@TWBookkeepingHere's my $.02:"So do I set up a liability acct with no balance until they take a draw? If a draw is taken, just add the draw amt to the liability...
@Lisalewisgale1Try it and see. Not sure why would you change the bill date to March. Sounds odd. All you need to do is to assign prepaid inventory (no items) to...