Let me help share an insight to input a shareholder's name in the "Payee" field, @M3PB.
You'll want to allocate yourself as a vendor in the Payee field since you're paying yourself an S-Corp distribution.
Here's how:
- Go to Get Paid & Pay or Expenses, then select Vendors.
- Select New vendor.
- Complete the fields in the Vendor Information window.
- Select Save.
For more details to settle a business owner's distribution: Set up and pay an owner's draw.
You can also consult your accountant for more ways to set up yourself as a Payee when paid an S- Corp distribution. This way, you'll know if you're tracking distributions properly. If you don't have one, you'll want to search for an accounting professional in QuickBooks: Find a QuickBooks ProAdvisor.
Feel free to comment if you need further assistance. I'm always here to lend a hand. Stay safe.