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Status Answered
Created by AgExpert Support
Created on Apr 4, 2018

Disqus Agexpert Accounting Questions Archive

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?

  • ADMIN RESPONSE
    Feb 10, 2025

    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.

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