Level 15

Account management

Let's review that Home Expense is never an Expense account in QB in a business data file. Personal is not supposed to show in the P&L at all.


Go the that account in the Chart of Accounts and Double-click it. Top left, Customize button; filters tab, filter on Name = Walgreen. Double-click each transaction to open it and Change it. Make sure your reports, and your reporting preferences, is set to Refresh Automatically. Once that report is Blank, you found all of them.


Then, Edit that account and change the type. You didn't state if this is a Corporation or LLC or Sole Proprietorship. This is either Equity Draws or Shareholder Loan, as other current asset.