Operating as a sole trader, I put some of my personal savings into the business to fund buying a secondhand vehicle.
What is the best way to enter this into Manager?
Through “receipts and payments”?
Through “Capitol accounts”?
I want the vehicle to show as an asset when all is said and done!
Use receipts & payments but allocate the money deposited to your capital account as funds contributed -
https://www.manager.io/guides/8936
https://www.manager.io/guides/14397
Because you are a sole trader, you may also consider simpler equity accounting to accomplish the same purpose. See Simplify equity accounting for sole traders / proprietors | Manager. An owner’s equity account for a sole trader serves the same purpose as a capital account. Both can be correct for a sole trader if you satisfy the right criteria.