an as s-corp you are required to pay yourself as an employee, that means payroll, withholding and w-2 at the end of the year
You are a shareholder in the s-corp, there are no equity accounts the way a partnership or sole-p has
Distributions are something that happens after salary is paid
You need to sit down with a tax accountant and get things set up correctly, as well becoming familiar with how the s-corp works
