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How do I record a transfer of money from my private account? Or is it not necessary to enter this?
How do I record a transfer of money from my private account? Or is it not necessary to enter this?
Hello,
The answer is actually quite simple: from an accounting point of view, this transaction makes no difference! If you have a surplus in your professional bank account, you may transfer some capital back to your private bank account, but this has no tax or accounting consequences. This is because you are simply transferring money from yourself to yourself. So you don't have to enter this in your accounts.
Best regards,
Your Dexxter expert
OK, thanks.
And how can I enter an existing mortgage in Dexxter? New company, I want to enter part of our home in the system. Is this possible and how?
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.