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Nov 11, 2022 7:16 PM UTC
Question

Categorization of Money Transfer (QBO)

Hello,
I sent money from my company bank account integrated with Quickbooks to my account not integrated with QuickBooks.
Should this transaction be recorded as a "Money Transfer" or "Owner's Draw,"? or should it be saved as an "Expense"?

Thanks. 

1 reply

Rustler
Nov 14, 2022 12:45 PM UTC

It is not an expense from what you say, it sounds like a draw