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johan-medilution
Level 1

Hi, How do I set up shareholders as creditors or debtors?

 
Solved
Best answer May 16, 2021

Best Answers
MirriamM
Moderator

Hi, How do I set up shareholders as creditors or debtors?

Thanks for reaching out to the Community forum, @johan-medilution.

 

Let me get the help you need in setting up your shareholder as a debtor and creditor. 

 

To set shareholder as a debtor, here's how:

  1. In the left menu, click Sales.
  2. Go to the Customers tab. 
  3. Click the New customer button at the upper right hand.
  4. Enter the information of your shareholder as a debtor. 
  5. Click Save.

To set shareholder as a creditor, here's how:

  1. In the left menu, click Expenses.
  2. Go to the Vendors tab. 
  3. Click the New vendor button at the upper right hand.
  4. Enter the information of your shareholder as a creditor. 
  5. Click Save.

For more information about this process, see the below articles:

If you have additional questions while managing your QuickBooks account, just let me know. I'll be around to help. Have a good one!

View solution in original post

1 Comment 1
MirriamM
Moderator

Hi, How do I set up shareholders as creditors or debtors?

Thanks for reaching out to the Community forum, @johan-medilution.

 

Let me get the help you need in setting up your shareholder as a debtor and creditor. 

 

To set shareholder as a debtor, here's how:

  1. In the left menu, click Sales.
  2. Go to the Customers tab. 
  3. Click the New customer button at the upper right hand.
  4. Enter the information of your shareholder as a debtor. 
  5. Click Save.

To set shareholder as a creditor, here's how:

  1. In the left menu, click Expenses.
  2. Go to the Vendors tab. 
  3. Click the New vendor button at the upper right hand.
  4. Enter the information of your shareholder as a creditor. 
  5. Click Save.

For more information about this process, see the below articles:

If you have additional questions while managing your QuickBooks account, just let me know. I'll be around to help. Have a good one!