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CHERJORNJ
Level 1

CAN SOMEONE HELP ME UNDERSTAND HOW QUICK BOOKS WORKS IF I WRITE A CHECK OUT OF MY PERSONAL CHECKING ACCOUNT TO MY COMPANY HOW DO I APPLY THIS IN QUICKBOOKS ON LINE .

 
2 Comments 2
MonicaM3
Moderator

CAN SOMEONE HELP ME UNDERSTAND HOW QUICK BOOKS WORKS IF I WRITE A CHECK OUT OF MY PERSONAL CHECKING ACCOUNT TO MY COMPANY HOW DO I APPLY THIS IN QUICKBOOKS ON LINE .

Hi @CHERJORNJ,

 

Thanks for reaching out to the Community. Making sure your books are accurate is imperative. How you handle personal funds into the business is something that you should check with your accountant about. There are a couple of conversations in the Community about this topic you can review as well. Like this one:

https://quickbooks.intuit.com/learn-support/en-us/other-questions/how-do-i-classify-a-transfer-to-my...

We welcome you back with any additional questions about QuickBooks. Feel free to ask. I’d be happy to help anytime.

MarshallA
Intuit

CAN SOMEONE HELP ME UNDERSTAND HOW QUICK BOOKS WORKS IF I WRITE A CHECK OUT OF MY PERSONAL CHECKING ACCOUNT TO MY COMPANY HOW DO I APPLY THIS IN QUICKBOOKS ON LINE .

Hello,

 

What you're describing is an "Owners Investment".  Using your personal money to fund the business.  Here is an article on how to record that type of transaction.

 

https://quickbooks.intuit.com/learn-support/en-us/bank-deposits/track-personal-money-or-investments-...

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