What are the standard allocation for:

Anonymous E5ae27e4b8

April 09, 2014 20:34

What are the standard allocations in Cheqbook for the following:
1) when withdrawing or transferring form my business account to my personal account for personal income. also what category.

2) When depositing personal monies into my business account. also category.

3) I took out a personal loan and deposited the monies into my business for working capital, also category

 

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  Doug Levin

  May 15, 2014 01:58

  This is an accounting, not a software question, but these would be the accounts to use:

  1. Owner Advances (if you don't have personal expense categories turned on).

  2. Owner Capital

  3. Owner Capital

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