Two member LLC. I've made purchases with cash/personal credit card. Business filings,software, equip.,etc.. How do I enter in QB as part of capital contribution and then enter it appropriately for balance sheet,expenses,fixed assets,etc. Thank You!!
You can enter a journal entry to debit the expense or asset account and credit Owner's contribution (equity account).
PLEASE mark this answer as solved or post additional questions. Thanks so much!!!
Michelle L. Long, CPA, MBA
Author of the book "Successful QuickBooks Consulting: The Comprehensive Guide to Starting and Growing a QuickBooks Consulting Business"
National Trainer for Intuit Trainer/Writer Network
Advanced Certified QuickBooks ProAdvisor
