ShiellaGraceA
QuickBooks Team

Reports and accounting

You'll have to set up an owner's equity and then write a check to pay for yourself, Lucy Harris.

 

To create an owner's equity:

  1. Click Gear, and then click Chart of Accounts.
  2. Click New.
  3. In the Account window, click the Account Type drop-down arrow, and then choose Equity.
  4. In the Detail Type drop-down, select Owner’s Equity.
  5. Enter the Name, and the opening balance.
  6. Click Save and Close.

To write a check from an owner's equity account:

  1. Click Create (+), then click Check (under Vendors).
  2. Choose the bank account where your money will be withdrawn.
  3. Select Print later if you want to print the check. Then, fill in the check fields.
  4. In the Category field, be sure to select Owner's equity.
  5. Click Save and close.

Please get back to me if you need anything else. I'm here to help you some more.