I have introduced cash in to the business & called it cash introduced & put it in to the income category account. How do I change it to Asset.

Hi Carlo,

Is your business a limited company or are you self-employed? If a limited
company, are you the director?

Hi Carlo,

OK in that case you should record the introduction of cash as a General
Transaction from the 'Directors Loan Account' to the 'Cheque Account'.

I recommend you delete your existing transaction involving the income
account and instead record the transaction as described above.