Setting up personal payroll

I've got your back, maquincy. I'll provide some information to make sure you can seamlessly set up personal payroll in QuickBooks Online (QBO).

If you're a sole proprietor, you must be paid with an owner's draw instead of a paycheck through payroll. 

You'll have to create an equity account first if you haven't already, and make sure to choose Equity or Owners Equity as the type of account. 

After that, create a regular check in QuickBooks when you are ready to pay the owner and ensure it affects the Owners Equity account you created.

However, if you want to use payroll to pay yourself, you'll have to subscribe to a payroll program first. After subscribing, you can set up yourself as an employee of your own company. See this article for detailed steps: Add your new employee to QuickBooks Payroll.

Then, follow the steps outlined in this article to complete your payroll setup tasks: Get started with QuickBooks Online Payroll.

On top of that, it would be best to consult with your accountant for additional guidance on what option you'll need to follow to stay compliant with your business entity. They'll also ensure that your books are accurate and avoid messing up the data.

Once everything's been set up, you can simply follow the steps from this article to successfully run your first payroll in QBO: Process or run payroll.

I'd love to get updates on how this goes. You're always welcome to add a comment below if you have any other questions about running personal payroll in QBO. Have a great day ahead!