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Record paying back an investment

Learn how to record paying back a capital investment.

After you record an investment, you may need to record paying yourself, partners or co-owners back at a later date. This is called a capital disbursement.

Paying with an actual check

If you’re going to send someone a paper check, follow these steps:

  1. Select + New.
  2. Select Check.
  3. Enter the person or business you’re paying back.
  4. For the Check no. enter a check number.
  5. Enter the following information in the Category Details section.
    • First line: The equity account you use to track the investment in QuickBooks, and the amount you're paying back today.
    • Second Line: Expense account you use to track the interest you pay, and the amount of interest that is part of your payment today.
    • Other lines: Any additional fees and their appropriate accounts.
  6. Select Save and close.

Paying with a debit or credit card

If you’re paying someone back with a debit or credit card, you can record the repayment as an expense.

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