Transfering funds from business account to personal account as pay (single member LLC)
So I have a single member LLC and I don't write myself checks.
When I pay myself I transfer my payment from to myself from my business account to my personal account.
How would I mark this in QBO? Would I also add my personal checking into QBO so I can match the transfer or would I just mark it as an uncategorized transfer?
Transfering funds from business account to personal account as pay (single member LLC)
I would set up an expense account indicating it is personal -- use it somewhat like a credit card payment.. the transfer then shows it went to an expense. just not live feed. I would not connect a personal account to a business program.
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