I transfer a wage to myself each month. How do I categorise this in the transactions?

Hello there, @sallyorchardmake.

I've got here the steps to record your monthly wages in QuickBooks.

When it comes to paying yourself, you'll need to use an owner's draws account. It's an equity account that tracks withdrawals of the company's assets to pay an owner.  In order to properly record your wages, you'll have to write a check from an equity account. I'll guide you through the process.

Here's how to create an equity account:

1. Click the Gear icon.
2. Select Chart of accounts under Your company.
3. Click the New button.
4. Choose Equity from the Account Type dropdown.
5. From the Detail Type dropdown, select Owner's Equity.
6. Enter an opening balance.
7. Hit Save and Close.

Afterward, you'll need to write a cheque from the equity account you just created. I've laid down the steps below for your guidance.

1. Click the +New button.
2. Select Cheque under Suppliers.
3. Choose a bank account where the money will be withdrawn.
4. Fill in the necessary information in the cheque fields. Then, make sure to select Owner's equity in the Account field.
    

   

    

5. Click Save and Close.

This process will ensure that your wages are accurately recorded and categorised in QuickBooks. 

For more info on writing cheques, I'll leave this article: Create and record cheques in QuickBooks Online.

Feel free to check the blog for additional resources: QuickBooks Blog.

Please never hesitate to leave a reply if you need further assistance with recording your wages. I'll be around to lend a hand when you need it.