How to record owners funds from bank which is already recorded as owners equity with opening balance journal entry?

I'm here to share some steps, Mileage 2020.

You can decide how you want to reimburse the money back to your business account by recording a reimbursement check, or expense. Before doing so, I recommend consulting with your accountant for advice.

To create a check or expense, here's how:

1. Go to + New > Expense or Check.
2. From the Payment account or Bank Account drop-down menu, select the bank account to use to reimburse the personal funds.
3. In the Category details section, select partner's equity or owner's equity from the drop-down list.
4. Enter the amount of the reimbursement.
5. Click Save and close.

For reference on the steps above, you can check out these articles:

• Pay for business expenses with personal funds
• Mixing business and personal funds

Please let me know in the comments if you have additional questions or other concerns. Thanks.

Thanks for the reply.

I am not looking for reimbursement back to me. it's a money I have recorded for business purchase with opening balance journal entry in qbo and now I see that money on my bank statement which I want to record but if I record again (Cr to owner's contribution) It will Cr my equity account again and double the equity ( As it's already recorded with JE). I want to know how can I reconcile my bank now so that I don't double record anything.

Thanks for the reply.

I don't want to get reimburse back to me. it's a money I have recorded for business purchase with opening balance journal entry in qbo and now I see that money on my bank statement which I want to record but if I record again (Cr to owner's contribution) It will Cr my equity account again and double the equity ( As it's already recorded with JE Cr to owner's equity). I want to know how can I reconcile my bank now so that I don't double record anything.