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Using QB Desktop 2017 - how do I enter a bill on a PO for inventory that was paid with personal funds?
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enter the bill as you would any other time
there are several ways to pay with personal funds, assuming your are taxed as a sole proprietor or partnership, I prefer
create a cash type bank account called owners
pay the bill using that owners bank account
then make a deposit in the owners bank account for that same amount and use the owner equity investment account as the source account for the deposit
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