Limited time. 50% OFF QuickBooks for 3 months.

Buy now & save
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Work smarter and get more done with advanced tools that save you time. Discover QuickBooks Online Advanced.

Reply to message

View discussion in a popup

Replying to:
SarahannC
Moderator

Reply to message

Hello there, user250922.

 

We can create a journal entry to draw down the stock. This method needs the assistance of an accounting professional for the accounts you need to use. Also, your accountant can help and guide you on which account to debit and credit. This is to ensure everything will remain accurate.

 

Here are the steps on how to record journal entries:

 

  1. Go to the+ New button.
  2. Select Journal entry.
  3. Enter information of the journal entry such as accounts, amount, etc.
  4. Select Save and new or Save and close.

 

To find an accountant, let's follow these steps:

 

  1. Go to the Find-a-ProAdvisor website.
  2. Enter the specific location, service, and product.

 

For additional details about recording journal entries in QuickBooks Online, you can check these articles:

 

 

 Please let me know if you have more questions with your transactions and other concerns related to QuickBooks. I'll be glad to help you out again. Stay safe always.

Need to get in touch?

Contact us