Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
Bookkeeping tips for handmade & creative business owners – helping you learn to handle your bookkeeping with confidence!
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Learn how to record an Owner’s Draw in your bookkeeping records for your handmade or creative business. An Owner’s Draw is: money you take out of your business to pay or repay yourself NOT a business expense, so it should not show up on your Profit & Loss Report part of your businesses Equity, so …
Learn how to record an Owner Contribution in your bookkeeping records for your handmade or creative business. An Owner Contribution is: money that you take out of your own pocket or the family finances/budget to fund your handmade or creative business NOT Income for your business tracked on the Balance Sheet in the Equity Section …