Why is my withdrawals to my other bank account going down as a expense on profit and loss calculations? I have them marked as owners withdrawal?

I totally get where you're coming from, mark. Let me give you my insight about this.

When you set up owner withdrawals, please note that you need to choose Equity as the account type rather than as an expense. As a result, the transactions will appear on your Balance Sheet instead of the P&L report.

Here are the steps to fix your setup:

1. Go to the Gear Icon, then select Chart of Accounts.
2. Find the account created for the owner's withdrawal.
3. Check the "Account Type" column.
4. If it's not Equity, click the dropdown menu next to the account and select Edit.
5. Change the Account Type to Equity.

Once updated, QuickBooks will automatically remove those transactions from your P&L and reflect them correctly on your Balance Sheet. Your Net Profit will adjust accordingly.

If you have follow-up questions, feel free to click the reply button.