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I'm here to help you on how to manage your withdrawn money, @louis-rightwayco.
I'll make sure that you're aware of the type of accounting process you use for your withdrawals. Here are some ways on how to handle cash funds in your QuickBooks Online account.
This will depend on the purpose of the funds withdrawn. If it's for business, you can create a Petty Cash Account to manage this. I'll show you how:
Then, transfer the withdrawn money to your petty cash account. Follow the instructions below:
For more details, check out this article: Set up and use petty cash.
If it's for personal funds, I'd recommend creating a Cheques or Expenses to record your cash withdrawals in QuickBooks.
Here's how:
For additional information, check out this link: Pay for personal expenses from a business credit card or bank account.
Feel free to visit these articles below on how to reconcile accounts and also reimburse personal funds in QuickBooks:
If there's anything else that you need help with, just let me know. I'd be more than happy to assist you further. Take care always, @louis-rightwayco.
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