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Buy nowI am trying to make my COGS account more accurate. We have an S-Corp so myself and husband are employees of the corporation on payroll but our payroll doesn't change like hourly employees do. Is there a way to list the payroll expenses differently?
You can set up and pay an owner's draw that would allow you to pay the corporate officers, socksoff.
To start, create an Owners' Equity account by following the steps provided below:

Once you have successfully created an Equity account, you're ready to generate a regular check for the officer employee in QuickBooks:
Please feel free to leave a comment below with any other questions; our Community Space is here to assist you.
Owner's draw applies to sole proprietorships where a single owner is not an employee. Your customer has an S-Corp, and they are employees of the S-Corp.
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