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ktj1390
Level 2

Owner incorrectly took owner's draw instead of using payroll. How can I correct this in QBO?

Owner paid herself via check (Owner's Draw) earlier this year before her Quickbooks payroll was set up. She is S-corp. She is now set up on quickbooks payroll but I'm trying to figure out how I can convert that one Owner's Draw to payroll? This is in Quickbooks Online. 

1 Comment 1
giobookkeeping
Level 3

Owner incorrectly took owner's draw instead of using payroll. How can I correct this in QBO?

You can delete that owner's draw entry and then manually run her payroll in QBO. You can do an Unscheduled Payroll in the Payroll Center. 

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