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Hi there, @igniheat.
I'm here to help you achieve your goal in recording your wage into QuickBooks Online. You may want to reach out to an accountant or to HMRC on how best to record this. As you are a sole trader most likely you will be advised to record any wages you take as drawings.
You can always reach back out to me if you have any questions about this. I want to ensure you're taken care of. More power to your business!
Hi there, @igniheat.
I'm here to help you achieve your goal in recording your wage into QuickBooks Online. You may want to reach out to an accountant or to HMRC on how best to record this. As you are a sole trader most likely you will be advised to record any wages you take as drawings.
You can always reach back out to me if you have any questions about this. I want to ensure you're taken care of. More power to your business!
NO
In the UK, it is the same in the US, a sole trader does NOT have a salary. When a sole trader takes funds from the business, it is an equity draw.
this link explains it
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