What is the process AFTER a transaction has been RECONCILED to Undo the transaction that was automatically recorded as Undeposited funds because of an online Qu...
HI@RainflurryI set up the Bank Account and did the transfer. The 50K does not show up in my P/L and the chart of accounts shows the new account with 50K.Thanks ...
Hi@RainflurryThanks for your response. This is what I was looking for.I am not versed in creating Journal entries.If I write a check/record an expense and assig...
Thanks again. Does it matter if the money in the business account is from a loan? I have a separate category for the loan amount.If not, what is the expense cat...
Hi MirriamThanks for the response.Would this be considered an expense in that it will show in my P/L as an expense? I would be showing a 50K expense in the end....
