Thank you for visiting the QuickBooks Community, Mauidan. Please know that we are no longer supported QuickBooks 2003. However, I can still provide details to ensure you can manage your transactions in the program.
To start with, when you categorize a deposit in QuickBooks, you can still consider this as Personal.
On the other hand, I recommend creating a journal entry within your program and you can use Partner's equity or Owner's equity as the category. This is done to record the business expenses you paid for with personal funds.
However, I still recommend consulting a Tax professional. They will be able to advise you on how to correctly handle the transactions, particularly the account to be used for your deposit that came by a hardship. This is done to ensure your records are in shipshape when organizing tax data.
Moreover, you can subscribe to a QuickBooks Self-Employed account if you wish to manage your transactions within this program. Then, in case you need details on how QBSE helps you record your self-employed income and expenses, track mileage, and prepare your Schedule C tax form, you can read this article: Overview of QuickBooks Self-Employed.
Don't hesitate to click the Reply button below if you have any other questions related to QuickBooks. I'll be right here to help you out, Mauidan. Keep Safe and have a great day!
