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May 27, 2023

I'm here to ensure you can see the money you invested, lawana.

 

If you're manually adding the investment in QuickBooks Online, let's record it as a bank deposit. This way, you're able to see it. Beforehand, we need to set up an equity account.

 

Once done, we can now track the money. Here's how:

 

  1. Go to the + New and then select Bank deposit.
  2. From the Account drop-down menu, select the bank account you're depositing the money into.
  3. Enter the Date you deposited the money.
  4. In the Add funds to this deposit section, enter the name of the investor in the Received from field.
  5. Select the appropriate equity account from the drop-down list in the Account field.
  6. Specify a Payment method.
  7. Enter the investment amount in the Amount field.
  8. Select Save and close.

 

In case you connected your bank account, you don’t need to record the investment. QuickBooks download transactions, so you don't have to enter them manually. We can refresh the bank feed to download your latest transactions:

 

  1. Go to Bookkeeping and then select Transactions.
  2. Select Bank transactions.
  3. Click Update.

 

After recording an investment, you might need to record paying back investment in QuickBooks Online. Doing so ensures your books are accurate.

 

Please get back to us if you need additional help tracking your transactions in QuickBooks Online. I can show you what else you can do within the program.