I am an Australian Sole Trader, I have a ABN, but am not registered for GST as I will not be earning all that much from my company - just a little bit of IT work on the side of my main job.
Anyway to get to the question, how should I go about recording into manager any money drawn out of the company bank account into my personal bank account for drawings?
If I was using MYOB I would enter the amount drawn from the company bank account as if I was writing a cheque and record the entry in MYOBs accounts list, 3-1200 drawing.
Cant seem to work this out in Manager.io.
Any tips or suggestions would be appreciated :).