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LRBooks61
4 years agoUltimate Cover User
Hi
Can I suggest that you set up a bank account called Owners Funds.
Anything that you pay from it can be paid for from that account - as you would normally but just changing the bank at the time of transaction
This will record your gst etc and provide the transaction details
You or your accountant can then journal that account to owners contributions at any time
Hope that helps
Lisa
BEacct
4 years agoCover User
Thank you Lisa,
That has workd beautifully, much appreciated
Karen
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