Hi, we paid money into our business and now have the income to pay it back, what would this come under?

Hey there, Kelly. I'd love to provide ways to pay and track expenses for your business in QuickBooks Online (QBO).

To start, if you're using personal funds to pay expenses for your business, you can record the business expenses you paid for with personal funds.

Here's how:

1. On the upper left corner, look for the + New button.
2. Choose Journal Entry.
3. On the first line, select the expense account for the purchase.
4. Enter the purchase amount in the Debits column.
5. On the second line, choose Partner's equity or Owner's equity.
6. Enter the same purchase amount in the Credits column.
7. Once done, click Save and close.

On the other hand, if you want to reimburse the money as an expense, you can follow these steps:

1. On the upper left corner, click the + New icon.
2. Select Expense.
3. Choose a bank account to use to reimburse personal funds.
4. In the Category column, select Partner's equity or Owner's equity.
5. Enter the amount of the reimbursement.
6. Once done, click Save and close.

Moreover, if you're referring to something else, it would be appreciated if you could provide more details.

Furthermore, I'll drop this article just in case you want to move money from one company to another which comes in handy moving forward: Transfer funds between companies in QuickBooks Online.

This space is here to support you every step of your QuickBooks journey. If you have any other questions or concerns about your transactions, feel free to leave a reply below. I wish you nothing but continued success in your business endeavors.

Amazing, thank you!!