Hi Rustler, thanks for the explanation, that's exactly what I needed.One follow-up question: I only have two equity accounts in my chart of accounts (owner's dr...
HiSarahannC,You said,"Since you used personal funds, it'll not show as your business expense. This only shows up whenrecording a reimbursement through check or ...
Hi Rainflurry,I just realized that my expense was categorized as a fixed asset, which are different from normal expenses and so don't appear in the P&L. Just to...
Hi KlentB,Thanks for your reply, but I don't want to reimburse my personal account. When I first started the business, I didn't have a separate business bank ac...
Hi JenoP,Thanks for your reply. I have some follow-up questions.How should I mark transfers into PayPal (which I'm treating as a business account) that are made...