"Drawings" or "Net salary"
Can anyone tell me the difference between these two categories under "Money paid to user"
I have a sole trader account and was under the impression that all money taken out would be referred to as "Drawings" so what would the "Net salary" be used for?
Thanks
I have a sole trader account and was under the impression that all money taken out would be referred to as "Drawings" so what would the "Net salary" be used for?
Thanks
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Inappropriate?rf9:
Drawings are what you're taking. If you had employees in the future it'd be Net Salary you'd be paying them...
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this answers the question
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