You should not have to back out an equity transaction which by definition is neither income nor expense. However you are posting owner draw it appears to be incorrect. Owner Draw is an Equity account, not an expense account. Make certain the draw is posted from draw equity and your problems are solved.
You should have 3 working equity accounts for each owner, Equity, Draw, Contributions. Make all three sub accounts of a parent equity account you never post to but acts as summing of the others
