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markhoward-fleet
Level 1

How do I record drawing cash as a payment to myself as a self employed person

 
Solved
Best answer April 19, 2021

Accepted Solutions
Ashleigh1
QuickBooks Team

How do I record drawing cash as a payment to myself as a self employed person

Thanks for getting back to us, so you would catergorise this transaction in your Quickbook Self-Employed account as Owner withdrawal. 

View solution in original post

5 REPLIES 5
Ashleigh1
QuickBooks Team

How do I record drawing cash as a payment to myself as a self employed person

Hello Markhoward-fleet, 

 

Welcome to the Community page,

 

So are you wanting to know how to record this in your Self-Employed Quickbooks account you have?   

markhoward-fleet
Level 1

How do I record drawing cash as a payment to myself as a self employed person

Yes 

I am looking to draw the cash from QuickBooks and move it to my personal current account as my earnings 

Ashleigh1
QuickBooks Team

How do I record drawing cash as a payment to myself as a self employed person

Thanks for getting back to us, so you would catergorise this transaction in your Quickbook Self-Employed account as Owner withdrawal. 

View solution in original post

markhoward-fleet
Level 1

How do I record drawing cash as a payment to myself as a self employed person

Yes 

williamiain
Level 1

How do I record drawing cash as a payment to myself as a self employed person

I have re-classified my drawings from an expense to an equity account transaction but the "Detail Type" does not include "Owners drawings" or similar - there is "personal expense" or 2retained earnings" or "partner distributions" but nothing entirely appropriate?

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