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Alicia3's avatar
2 years ago

Having trouble recording Personal Drawings?

We are a sole trader business and to withdraw money personally we would allocate transactions to personal contact card through spend  money, acct 3 - drawings equity.

 

Have done this for years. Now with myob essentials it will no longer allow me and keep getting this error message:-

 

 

 

1 Reply

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  • Hi Alicia3 

     

    Thanks for your post. That error indicates linked accounts haven't been set up correctly. Go to Accounting>>Manage linked accounts>>in Bank account for electronic payments select the electronic clearing account.

     

    You should be able to record that Spend money transaction now.

     

    Please let me know if you need further help.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.