How did you pay yourself back for the expenses that you paid for the business?You mentioned that you had entered bills - that remains unpaid - if you paid yours...
Hi sdolcieYou will want to record these purchases as an Owner Contribution to the business. Go to your Chart of Accounts and enter the following accounts. First...
KenWhen you post the individual credit card expenses - instead of posting the personal charges to an expense account you should post it to the Owned from Shareh...