Owners Contribution Repaid

[Paul_RiThink]

Hi. I have taken over sorting out the bank accounts for this company run solely by the owner. 

They deposited $15k at the start and I have coded this to "Owner Contributions"

For the first few Owner Drawings upto the value of the original contribution, should I code it to Contributions to cancel that out, or just to Drawings so the original contribution amount will always show under that GL code?

Thanks for your help

Cheers

[jenniek · Accepted solution]

Hi @Paul_RiThink 

Drawings would be the better - to show Money that went in, then drawings shows it going out again.

[Paul_RiThink]

thank you!