Question

We deposited money from our personal account to our newly created business account to fund the business. How do we categorise the transactions? Thanks.

Our business account is synced with quickbook and the transactions are shown in the app. How do we correctly categorise the transactions. Thanks.

Hi, Pristine

Move to Journal entry screen,

Debit business Bank account

Credit Owner's Contribution account

Fill the other details hit Save.

Note: If the transactions are entered already through the App edit it and select the correct accounts.

Feel free to contact me for any clarifications.

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