In Wave, How do I record payments to myself from my business checking to my personal account as the owner? It's different from payroll so I'm not sure how to appropriately record this. Thanks!
@Midwife_Amber, I know a couple of people on here use payroll to pay themselves, but if you just taking profit from your business and giving to yourself, you can just do an expense from your bank account. Choose "Owner's Investments/Drawings" as your category and voila! That's all you have to do!
I mean you'll have to figure out your taxes and all, but that's how you enter it for your business.
Thank you Petra_B! Perfect!
Hey! No problem!