Skip to Main Content
Portail du forum communutaire/Community Forum Portal
Statut Répondu
Créé par AgExpert Support
Créé le 10 fév. 2018

Disqus Agexpert Accounting Questions Archive

I have made Farm expense purchases with my personal account that is not in Ag Expert.
How do I record the transactions without affecting the Farm bank account balance.

  • RÉPONSE
    10 fév. 2025

    You enter those items by recording a zero dollar withdrawal from your bank account. From there it's a bit different depending on whether you are a Corporation or a Sole Proprietor/Partnership. If Corporate then the Expense is offset by an L+ line to the Shareholder Loans account, otherwise the Expense is offset against a Personal Advance account.
    https://uploads.disquscdn.c...

  • Joindre des fichiers