Like most things, probably easy when you know how, but I can’t seem to get to my drawings sub account to pay myself…pretty important I think . Also I would like to know how or where to enter a business loan in to so as I can also enter where the money has been spent so it all adds up.
Thank you
Use the Spend Money function for the bank account involved. Allocate the payment to your drawing account. You do this because money is leaving the business.
Create a new liability account with a name like “Business loan.” Indicate that account when first receiving money from the business and when spending money to make the payments.