When my Etsy "account" payout shows as a transfer and then my business banking account shows the same payout as a deposit, are they just canceling each other out? Do I need to be excluding the transfers aka payouts from my Etsy "account" ?

Hello, cynthia-hjelmaa-. 

Thank you for reaching out to the Community. The program depends on what your financial institution shared with us.  

 To avoid any duplicates you can exclude the transfers aka payouts from my Etsy "account". Here's how: 

1. Open the transaction from the Transaction page.
2. Select the transaction
3. Choose Exclude.
4. Click Apply. 

For the other details steps, please read this helpful article: Exclude or delete transactions in QuickBooks Self-Employed. 

Please know you can continue to reach me here with any additional questions. Thanks for coming back to the Community, wishing you continued success. Stay safe!