Owner's Drawings


J

Jaybee1941

Can anyone suggest a simple way to record cheque payments of owner's drawings
with Microsoft Accounts Express
 
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R

RobFJ

If you are actually writing a cheque then just treat it like issuing any
other cheque; if you're switching funds to another personal bank account
then use Cash Purchase.

So on the relevant data entry screen you select the correct 'Pay From'
Account to draw the money from and on the transaction line enter the amount
against your 'Drawings' nominal code in your COA
 

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