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Thanks for reaching out to the Community, Mocha Chestnut.
To properly identify how you should account for previous settlements of gross income from personal accounts so that financial statements refect accurate gross income amounts, and what would need to be entered in your journal entries, I'd recommend working with an accounting professional. If you're in need of one, there's an awesome tool on our website called Find a ProAdvisor. All ProAdvisors listed there are QuickBooks-certified and able to provide helpful insights for driving your business's success.
Here's how it works:
Once you've found an accountant, they can be contacted through their Send a message form:
You'll also be able to find many detailed resources about using QuickBooks in our help article archives.
If there's any additional questions, I'm just a post away. Have an awesome day!
Thank you for the timely response. No thank you.
Hi @Mocha Chestnut,
I'm glad my colleague, @ZackE, was able to provide a timely response. Always know that the Community space is ready to help if you have any other concerns.
Take care always!
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