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kuggarvtr-outloo
Level 1

How do I catoragorize withdraws for personal wages taken when self employed

 
7 REPLIES 7
GeorgiaC
QuickBooks Team

How do I catoragorize withdraws for personal wages taken when self employed

Hi kuggarvtr-outloo, thanks for joining the Community - you would categorise wages/money you pay yourself as an owners withdrawal - you can see our guide here for full info on this. :)

kuggarvtr-outloo
Level 1

How do I catoragorize withdraws for personal wages taken when self employed

Hello thanks for the reply, 

However I can't see a catoagory for owners withdraw at all

 

GeorgiaC
QuickBooks Team

How do I catoragorize withdraws for personal wages taken when self employed

Hi kuggarvtr-outloo, apologies for any confusion, as these steps are for QuickBooks Self-Employed - if you're using QuickBooks Online, please reach out to your bookkeeper or accountant for support in categorizing the transaction. If you don't already have an accountant, you can find a certified QuickBooks advisor near you here

kuggarvtr-outloo
Level 1

How do I catoragorize withdraws for personal wages taken when self employed

Hello yes I'm. Using quick books slef employed using the app 

GeorgiaC
QuickBooks Team

How do I catoragorize withdraws for personal wages taken when self employed

From checking our system it appears that you're using QuickBooks Simple Start, which is one of our QB Online plans - you can view the feature differences between these plans here. :)

kuggarvtr-outloo
Level 1

How do I catoragorize withdraws for personal wages taken when self employed

Thanks so witch plan should I have this plan seems to do the most how do I catoragorize earning for myself with this plan???

 

GeorgiaC
QuickBooks Team

How do I catoragorize withdraws for personal wages taken when self employed

We recommend consulting with your bookkeeper or accountant if you're unsure of which account to use for this on the Simple Start plan - the accounts in QuickBooks Online are entirely customizable, and we're unable to advise which to use in this scenario. 🙇‍:female_sign:

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