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jaimee1
Level 1

Just created a Qb account. My first transaction was a deposit of one of my personal companies. How do I categorize? Will every personal deposit be categorized the same?

Will this be owner's investment? Can owner's investment work on both sides - money coming in and my business investing in ex: property? Can both be marked as owner's investment just ( /-) whichever it is.
2 Comments
john-pero
Community Champion

Just created a Qb account. My first transaction was a deposit of one of my personal companies. How do I categorize? Will every personal deposit be categorized the same?

Money out from existing company is owner draw in that company. SHE money deposited in a new company is owner contributjon in that company. Both are equity transactions 

Mireillel
Level 1

Just created a Qb account. My first transaction was a deposit of one of my personal companies. How do I categorize? Will every personal deposit be categorized the same?

I'm having the same problem as the others KrogerFeedback

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