We can record your deposit into your equity account, @Paul. I'll help you accomplish this so you can easily track the additional funds for your business from you.
You can skip recording the deposit if your bank account is already connected. All you have to do is classify the transactions related to your deposits. See this article for the complete process: Categorise and match online bank transactions in QuickBooks Online.
Otherwise, you'll need to set up an equity account and record a deposit since your bank doesn't automatically import transactions. To do so, follow these steps:
- Go to + New and select Bank deposit.
- From the Account drop-down menu, choose the bank account you're depositing the money into.
- Enter the Date you deposited the money.
- In the Add funds to this deposit section, click the name of the investor in the Received from field.
- In the Account field, pick the appropriate equity account.
- Specify a Payment method, then fill in the Amount field.
- Tap Save and close.
If you're ready to pay back a capital investment, check out this guide and proceed to Step 3: Record an owner's contribution or capital investment in your business.
I've added this link if you need to record a loan from the officer or owner of the company: How to record a company loan from a company officer or owner.
Just reply back to the thread if you have other questions about this or anything with QuickBooks. I'm always willing to back you up. Take care always.
