Adding Personal Transactions

Hi, that worked so thankyou - but it has classed it as Personal Spending so subtracted the money - whereas it was actually dividends from a company that has nothing to do with my work situation.

I did want to track how much I was receiving from them, though. So how can i categorise it sensibly, so that it doesnt subtract from the total, but isn't classed as business-related either?

I know that I can tag it, but will it not still be wrongly labelled as Personal Spending or Business-related, because manual entry forces me to record it as such? (Also, there does not seem to be a way to add custom Tags...?)

Ah-ha - think I managed to answer my own question:
I first classed it as 'Other Business Income' (rather than a business expenditure) then when I went back to edit it with your method, it of course remained an addition rather than subtraction. Phew!

-Thanks!

Dear Giovanni,

I am using the UK version and my screen does not look the same as yours. There is no dark bar with icons (human or otherwise) when I am trying to add manual transactions.

Please help.

Welcome to the Community, @Daryl42. I'm here to help you add a personal transaction in QuickBooks Self-Employed (QBSE).

Thanks for providing details about your concern. The previous response outlined by my colleague, Giovann_G is for editing a transaction tagged under Business type. That said, you only be able to see the dark bar with icons once you edit a previously entered transaction in your account. 

Since in QBSE, the manually added transactions are automatically tagged as Business, we'll have to follow the steps provided above to edit it and change it to Personal. Let me guide you on how:

1. Let's create first create a manual transaction by selecting the Transactions menu in your QBSE account.
2. Next, click the Add transaction button.
3. From there, enter the needed details and choose the correct category.
4. You'll notice that this is already tagged as Business under the Type column.
5. The option to edit is unavailable so we'll need to save the entry first.
6. Once done, check the box for that transaction so you'll be able to see the dark bar with icons. 
7. From there, select the Person icon to mark it as Personal.
8. Then, click Apply. 

For more information about the process, feel free to check this article: Manually add transactions in QuickBooks Self-Employed. 

Additionally, importing transactions in your account to lessen your workload in manually entering them, you can simply follow the steps in this article: Manually import transactions into QuickBooks Self-Employed.

I'm always here ready to lend a hand if you have any other concerns about adding transactions in QBSE. Have a nice day and stay safe.