How do I enter in initial investments as an owner? I paid numerous invoices out of pocket and now need to add the invoices and my investment.

I can help you record the initial owner's investment, @laura-islandlife.

Let's make sure to set an equity account first to track the initial investment.

Here's how:

1. Click the Settings ⚙ icon on the top right and then select Chart of Accounts.
2. Select New.
3. From the Account Type ▼ drop-down, select Equity.
4. From the Detail Type ▼ drop-down, choose Owner's Equity.
5. Save and Close.

Then you can continue recording the partial investment by creating a bank deposit. You can follow these steps:

1. On the upper-left screen, select +New.
2. Choose Bank deposit.
3. From the Account ▼ drop-down menu, select the bank account where you want to deposit the money.
4. Enter the date in the Date field to when you deposited the money.
5. In the Add funds to this deposit section, enter the investor's name in the Received from field.
6. Select the appropriate equity account from the drop-down list in the Account field.
7. Specify Payment method.
8. Enter the investment amount in the Amount field.
9. Select Save and close.

To learn more about tracking investments, feel free to read this article: Record an owner's contribution or capital investment in your business.

I'd also suggest consulting an accountant for professional advice and to keep your accounting data accurate. If you don't have one, you can search any available ProAdvisors in our program: https://proadvisor.intuit.com/app/accountant/search.

Please remember to tag me (@Jovychris_A) if you have other concerns with recording transactions in QuickBooks. I'll look forward to your reply. Take care and have a great weekend!

There is still a part I don't understand. If we made the payment from our personal bank account, prior to the business account being set up, what do we enter in under account? Do we put our personal banking account information in there?

Thanks for checking in with us, JulieB206. 

If you are trying 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. If you’re going to send someone a paper check, just follow the steps below:

1. Click the + New Plus icon. 
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. Press Save and close.

If you’re paying someone back with a debit or credit card, you can record the repayment as an expense. Feel free to visit our Banking page for more insights about managing your bank feeds and reconciling accounts.

I'll be right here to continue helping if you have any other concerns or questions about QuickBooks. Assistance is just a post away. Take care always.