trying to set up my chart of accounts. Not all of the accounts are 100% business eg. hydro, fuel, house repairs etc. When I try to change the %, it tells me that I need to set up a personal advance account. How do I do this?
Hi Mary Jane, you should be able to edit the account that needs to be less than 100% business, and you need to select a personal advance account for the remainder of the % that is going to personal. You would do this by clicking the blue book icon next to the box titled "Personal drawings account". There are accounts there that you can use already, or add one if necessary.