On Quick Books Self employed where does owners withdrawal show in the P & L ? Does it even show?
Is it to be taken from the profit line? or is the profit showing after the Owners withdrawal equity has been removed?
I can help you with locating your owners' withdrawal transactions, @CH100.
The Profit and Loss report in QuickBooks Self-Employed (QBSE) only includes income and expenses you've categorized using SA103F categories. You can refer to this article on how each category shows up on your reports: About SA103F Categories.
The Owner's withdrawal isn't part of SA103F categories. It's the money you pay yourself from your self-employed business funds. It's also considered a Transfer.
In the meantime, you can go to your Transactions tab and filter it to show all your Owners' withdrawal transactions. Here's how:
You now see all your Owners' withdrawal transactions.
Refer to this article for more information about adding sales income and expenses: Manually add transactions in QuickBooks Self-Employed.
Check out the following article for more information on downloading transactions from your bank and importing it to QBSE: Manually import transactions into QuickBooks Self-Employed.
Please let me know if you have any questions about your owners' withdrawal transactions by leaving a reply below. Keep safe, and enjoy the rest of the day!