{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/27dbf58cf6774a978600c1819c131519\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/27dbf58cf6774a978600c1819c131519-2f41a386f5a25dd5.gif","duration":328.364,"title":"Understanding Your Drawings in Xero 📊","description":"In this video, I’m diving into the topic of drawings in your Xero account, which refers to the money you take out that isn’t taxed, unlike your wages. I want you to check your balance sheet to ensure you understand what has been classified as drawings, as some personal expenses, like glasses or jeans, may not be tax-deductible. It’s crucial to review these transactions, especially if you’ve drawn out more than you expected over the year. I encourage you to have a conversation with your accountant about any items you think should be claimed. Take a moment to explore your reports and account transactions to get a clearer picture of your financials."}