I have a tip on how to write a check to personal checking from a business account, Carpedie.
Sometimes we intend to mix business and personal finances which is a practical way to manage a new or growing venture. But, it can be more challenging to pinpoint individual deductions, and this isn't advisable.
After you create a journal entry, you can write a reimbursement check and ensure to select the Owner's Equity as the account's affected. To do so, follow the steps outlined below:
- Click + New.
- Select Check. Or if you're in the Business view, follow the steps to switch to Accountant view first.
- Select a bank account to use to reimburse the personal funds.
- In the Category column, select Owner's equity.
- Enter the amount to reimburse.
- Click Save and close or Save and new.
However, I still recommend reaching out to your accountant to guide you to properly track all your transactions and ensure that the correct account is selected and the accuracy of your books.
Furthermore, QuickBooks Online (QBO) provides different kinds of financial reports that you can use to track all your transactions. You'll only have to customize them to get the right data for your business. I've added this article for more information: Customize Reports in QuickBooks Online.
I'm still ready to back you up if you need more help when writing a check. I'll keep this thread open so you can comment back. Have a great day ahead!
