I'v received a refund from HMRC for over paymant of corporation tax. This has been paid in to my buisness account. How do I record this and transfer it to my personnel ?

Hello Clare_Joan_Pullen, 

Welcome to the Community page, 

So the way to record this is you can do it via the transfer options so plus new>under other-transfer if your personal account is connected up in Qb if it is not connected up then you would need to do this via an expense instead and if you have the payment for the corporation tax in Qb then it would just be a refund if not then you would need to do an expense to show it in your account. 

Refund steps below for you

Refund from your suppliers

1. Create a supplier credit (+ icon -> supplier credit​)

2. Choose the correct date and supplier, put in the amount, choose VAT

3. Then click on the + icon again, and choose Bank Deposit, to show that the money went into your bank account

4. Choose the correct bank account on the top left corner, choose the date when the money actually hit your account

5. For Received from choose the correct supplier, for the account choose Creditors, put the amount in, choose no VAT

6. On the Supplier's page create cheque

7. Tick the deposit against the supplier credit (this shows QuickBooks, that the supplier credit has been used, and money was received from the supplier), untick the bill and save and close

8. Match the deposit against the transaction on your banking screen