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Personal Expenses put in by error. What to do?
Hi,
My accounts were a mess. I bought personal things with the business cards (and vice versa).
(It's for a PTY LTD Company)
How should I classify them?
Or is there a way to exclude them?
I already entered them as EXPENSES (I created an entry in the Chart of Accounts 'Personal Expenses' under 'Expenses'), which I realise now isn't correct. So, what is best way to proceed (i.e. Can I bulk exclude them?) or Should I reclassify them all? And if so, to what?
Thanks
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