I need to catergorise a banking transaction correctly. I bought a motor vehicle and need to catergorise the equity cash I took from the account to pay for part of it

Let me help categorise your bank transaction, kristyjansz.

QuickBooks Online lets you review downloaded transactions where you can assign a payee and categorise them.

That being said, use the steps outlined below to add a category:

1. Go to the Banking menu.
2. Select the account where entries are downloaded.
   
3. Click the transaction to expand it.
4. Select the desired category from the Category drop-down list.
5. Click Add once ready to post this item to your account in QuickBooks.
   

I encourage consulting this with your accountant to ensure the entry falls under the correct category. He/She might have specific instructions on which account to use for the item.

To learn more on what to do after downloading bank and credit card transactions, feel free to read through this article, Download, match, and categorise your bank transactions in QuickBooks Online.

Let me know if there's anything else I can do to help you succeed with QuickBooks. Thanks for posting, wishing you all the best.