An owner incurred travel expenses but does not want payment-he wants it recorded in owners equity? How do I record non-cash transactions?

Good day, jamiebinder1000-.

Let me show you how to record these travel expenses.

We'll have to do a bank deposit into your owner's equity. If you haven't yet, you need to set up an equity account. Then, you can follow these steps:

1. Go to the + New and select Bank deposit.
2. From the Account ▼ drop-down menu, select the bank account you're depositing the money into.
3. In the Add funds to this deposit section, enter the name of the owner in the Received from field.
4. Select the appropriate equity account in the Account field.
5. Enter the amount in the Amount field and other details needed.
6. Click Save and close.

Once done, you can create a check or expense transaction to record the travel expense. From the + New button select either Expense or Check. Enter the required info and click Save and close.

Here are some of the articles you'll want to check for more details:

• Categorize and match online bank transactions in QuickBooks Online
• Track personal money or investments to your business

I'll be here if you need anything else. Wishing you all the best!