Getting started on Quickbook Pro
This is my first time on this chat board so hopefully I do this right. I just setup Quickbook Pro and I don't have a clue how to put in the first entry. I purchased a $12000 cleaning franchise and put down $5500 with my credit card (paid that off in full when I got my statement) but finance the rest. From the reading I have been doing, I know it has something to do with an owner's equity account and capital account but not sure exactly how to set the books up. A few weeks later I set up a business checking account which is how I should have done it from the start.
Thanks in advance, Jeff