2 votes

Sole proprietor paying expenses from personal account

Record it as an expense and the other side of the transactions comes out of "Owner Contributions." You essentially made an Owner Contribution each time you used personal funds for a ...
Jesse's user avatar
  • 2,610
1 vote

Sole proprietor paying expenses from personal account

You should have a private account (Privatkonto) in your accounting where you account for funds which you withdraw from your company or inject into your company. It is a kind of "wormhole" ...
glglgl's user avatar
  • 5,417

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