Hello and welcome to the QuickBooks Community, Bakes53
QuickBooks Self-Employed operates on the basis of a simple money-in, money-out cashbook without a reconciliation tool. With this, you simply need to categorise all transactions downloaded from your online bank account or entered into QuickBooks manually (as a Cash transaction).
When you categorise, QuickBooks puts your transactions on the correct line of your Schedule C/Tax Summary. This also organises your income and expenses so you know what areas of your self-employed business have the biggest impact.
Personal wages taken from income made through your self-employed work should be categorised as Owners Withdrawal. For further information on categorising transactions in QuickBooks Self-Employed, see here.
I hope that helps to clarify your query. If you do have any further questions, please don't hesitate to reach back out to the Intuit QuickBooks Community for support.
