Looking for a bit of clarification here please. I am new to QBO and new to business so please bear with me.
In your reply and in a quickbooks video in a thread titled "Paid for business Rent with my personal account, which is not linked to quickbooks"
You talk about entering the corresponding transaction as "owner investment". It seems to me that you are using this term interchangeably with "owner equity"
Are they one in the same? and if so, why have different terms?
In the video they demonstrate adding this type of expense using a "owner investment" entry and then directly below the video they write out step one using the term "owner equity" in bold.
Can you possibly explain further?
Thx
