Help with accounting / Ledger for Sole Proprietor

[JME81]

I'm a small Small Proprietor. I have a business checking and savings account. I want to properly document my transactions- a savings account is dedicated to charitable donations; How do I make the xfer from checking to that account as well as withdrawals?

Thank you,

[Evan]

I'm a small Small Proprietor. I have a business checking and savings account. I want to properly document my transactions- a savings account is dedicated to charitable donations; How do I make the xfer from checking to that account as well as withdrawals?

Thank you,

Each ledger indicates a transfer (out / in). Fairly straight forward in that regard.

[Willie Posey]

You can maintain necessary accounts such as a ledger and keep account details by yourself (provided you must have basic knowledge about accounting and taxation). As an ultimate solution, there are so many accounts professional out there who will maintain all your transactions and provide financial consultation as well like exemption.

[Lewis-H]

The owner is referred to as a sole proprietor. In accounting, the balance sheet of the sole proprietorship reflects the accounting equation: Assets = Liabilities + Owner's Equity. Owner's Equity consists of the owner's capital account and also a drawing account.
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