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Let me help you categorize the money transaction in QuickBooks Online (QBO), donna9price.
We can deposit the money into the bank account. For the category, it depends on what the money is used for. If it's for personal use or personal money put into the business, we can categorize it as owner's equity. We also recommend consulting your accountant to properly record this transaction in QBO. Here's how to create a bank deposit:
To learn more about this one, see the Record and make bank deposits in QuickBooks Online article. Then, run the Deposit Detail report. This report lists all your completed bank deposits. Here's how:
We can also customize the report and once you have the perfect set of filters, save them so you can run the same report in the future.
Feel free to visit our Banking page for more insights about managing your bank feeds and reconciling accounts.
I'm just one post away if you need a hand with reconciling your accounts or any QucikBooks related. I'll be here to ensure your success. You have a good one.
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