Hi, i am a sole tradere using Xero. So far it has been just fantastic but i have questions on recording. As i am sole trader, i have purchased lots of stuff using my personal fund. Especially before i opened business account, i used my personal saving bank card or credit card to purchase working materials(these are comsumables, so it's 100% deductable) I was going to use expense claim option on Xero and am a bit confused. In this case do i need to paid these claims from 'owner's fund introduced'? Will it still be deductable from my total tax payable income? One more question is I have purchased machine(over 1000$ so it will be capital purcahse. but was purchased the last day of last financial year 30 June 2010, Is there anyway i can record it on Xero ? I know that it will be available to claim this years income tax deduction as i was advised from ATO, but i don't know how to record it as system is locked. will appreciate any help or comment, Thanks all!