owners draw account did not clear out at year end

Forum|Forum|4 years ago
January 25, 2022
2 replies
1 view

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QuickBooks Desktop for Mac

JenoP

QuickBooks Team

Hi there, TriciaNM.

Can you tell us more details about the owners draw? Did you make any entry to clear it out? We just want to make sure that we share the correct steps and details to resolve your concern.

Please add a reply below to share more details. Thanks.

TriciaNMAuthor

No, I did not make an adjusting entry. First year end, first time sole proprietor, new to QB’s Desktop for Mac …I just didn’t want to do anything that would be wrong. I am long time Windows QB’s Pro user but not as sole proprietorship.
The draw account is used to record monthly “salary” that I pay myself. I transfer funds from business checking account into my personal account.

Candice14

Level 8

Hey there, @TriciaNM.

Thanks for reaching back out to us. Allow me to point you in the right direction.

To be sure we get you the best solution, I suggest contacting our Customer Support Team. They'll be able to use a particular tool to review your account with you and walk you through some additional steps to help you out. Use the link below to get in touch with them. (If need be request a callback)

Contact QuickBooks Desktop for Mac

Let me know how the call/chat goes. I want to ensure that you get this taken care of as soon as possible. Have a great day!

TriciaNMAuthor

Thanks so much. I will contact them later on…about 3 hours, when I can be at my Mac so they can assess.

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