How to handle Standard Mileage for Schedule C

I have this set up in money with a Business Expense for standard mileage. I have it tied to Schedule C as I do also my income group for gross receipts. My question is what do I do with the other half of the Expense (MS is double entry although it tries to hide it). I created an income account called Travel Allowance and made it Tax-Exempt. But this doesn't seem quite right. What is the standard accountant's way of handling this?
I am sure this is better handled in the Business and Home version but I am new to this and my gross receipts are not yet gross enough to move up. Any suggestions appreciated. I like learning this kind of stuff. Thanks.
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To actually issue a check makes it clear.
The alternate is to credit Owner's Equity (as if you paid the bill for the business). If you put money into the business to get things started, as most people do, what account did you use to book that entry? Use the same account.

--
Paul A. Thomas, CPA
Athens, Georgia
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Thanks Paul. I saw that I didn't make it clear I was using MS Money, but that really doesn't make a difference. Since I operate out of my home as a consultant, I really had no startup costs per se.

To actually issue a check makes it clear.
The alternate is to credit Owner's Equity (as if you paid the bill for the business). If you put money into the business to get things started, as most people do, what account did you use to book that entry? Use the same account.

-- Paul A. Thomas, CPA Athens, Georgia
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