How can I enter expenses before I have a bank account set up
Just starting a business and I’ve just started using Quickbooks to put in a few expenses. I’ve done bookkeeping in the past, but it was a very long time ago. I’m going to be paying a moderate amount to buy the business and will pay this out of my own funds. I presume that the purchase price of the business can be kept separate to the books, as it is not part of running the business. Or should it go into Quickbooks?
At this stage, I don’t yet have a bank account set up so am paying by cash/credit card for certain expenses. Eventually, when I get a bank account, I’ll deposit some cash into it to cover other initial expenses
