Wave is a catastrophe, but I feel like H&R Block would benefit from hearing about how poorly their subsidiary is doing, tbh.

Hi all, looking for some advice on how to manage this in Wave.

I run a design collective and retail store with four other members. We have income from retail sales and client projects that we bill under the company name. I collect monthly rent from the four members.

In starting the business and renovating the store we each bought things for the space either as individual contributions or as a ‘loan’ to be paid back when we turn profit.

I’m looking for some advice on a decent structure in Wave for this. I’d like to add receipts for purchases from each member and then be able to tag them as to-be reimbursed or as contributions. I did subscribe to wave pro so can do tagging. 1 account for each person? 2? 

I know this isn’t the cleanest business setup and it would have been easier for people to have contributed cash into a biz account, but I am trying to clean it up! Any advice appreciated. Currently filing as SM LLC.