Forum Message

expenses

I am a sole trader where do i put the money i spend out of my own pocket


Posted by Geraldine Murphy on Jan 27, 2016 7:06 PM GMT

Hi Geraldine,

Record your expenses as a Money Paid Out transaction as shown here:
https://www.solaraccounts.co.uk/help/how-to-record-an-expense.php

But set the Paid From Account to 'Owners Drawings and Personal Use' instead of 'Cheque Account'

Cheers


Posted by Mark McLaren (Solar Accounts) on Jan 28, 2016 11:04 AM GMT