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Everything you need to know about banking in QuickBooks Online - Discover more
Ashley71
Level 1

Dividends

Hi,

I have a small limited company. There is 2 directors and take dividends of £1000 each monthly via bank transfer. What’s the best way to show this in QuickBooks 

 

many thanks,

1 REPLY 1
Archie_B
QuickBooks Team

Dividends

Hello there, Ashley71.

 

I'd like to share some insights about transferring funds in QuickBooks Online.

 

You can manually record those transactions in just a few steps. I'll show you how:

 

  1. Click on +New.
  2. Choose Transfer.
  3. In the Transfer window, Here you can select the Transfer Funds From account and the Transfer Funds To.
  4. Enter the amount.
  5. Click Save and close.

 

I also recommend consulting your accountant for the best option to record them in your books.

 

I'm adding this link so that you'll have a guide on report which you might find helpful: Reports

 

Please let me know if you still have other questions about it. I'll be in touch. Have a nice day.

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