Reimburse Owner for Startup Costs

[ShaneAU]

@Tut

https://www.manager.io/guides/best-practices/simple-equity-accounting-for-sole-traders-proprietors

This seems to be a broken link.

However, a quick search brought me to a thread on this forum (written by you) which seems to contain similar information:

Simplify equity accounting for sole traders / proprietors

Many small businesses are owned by a single person, often called a sole trader or sole proprietor. But Manager’s default account structure accommodates other, more intricate business organizations. So it may encourage more complexity in the chart of accounts than necessary. Every new business created in Manager automatically includes a Retained earnings account, essentially the net of all inflows and outflows, adjusted for various transfers, dividends, etc., since creation of the business. In m…