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ProdHS
May 23, 2023
Question

How Should I Pay Myself as a Business of 1?

  • May 23, 2023
  • 1 reply
  • 0 views

I was a sole proprietor who incorporated at the end of last year and now I'm trying to figure out how to pay myself. As a business of 1 person, is it worth the hassle to pay myself via payroll? Or would it just be easier/ cheaper for me to invoice the company?

1 reply

J
JamesM4
May 23, 2023

Hi ProdHS,

 

Welcome to the QuickBooks Community. QuickBooks is an easy-to-navigate program that helps you to manage your accounting with ease. I'll be glad to share more info so you're on the right track with your work. 

 

In order to accurately record your transactions, I highly recommend consulting an accounting specialist for expert suggestions. This ensures your books remain accurate while you continue to manage your work with peace of mind. You can also get in touch with a professional using this link here. Other accounting professionals are able to see this post in the Community and this will allow them to chime in. Feel free to check out the following article that shows you how to: Create journal entries in QuickBooks Online.

 

Let me know if you have questions in the comments below. I'll be one message away.

 

 

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