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July 12, 2023

QB Online personal drawings

  • July 12, 2023
  • 1 reply
  • 0 views

Hi,

I use (and have used for many years) multiple bank accounts to pay for personal and business expenses. Moreover, as I work from home, many of the expenses that I incur need to be split between business and personal use. I have just switched to QB online and it's apparent that this is not possible. As far as I can tell the only product that does do this is QB Self Employed. The problem is I can't create different bank accounts in QB Self Employed without linking them digitally to my actual bank accounts, something I do NOT want to do. I want to manually upload bank data monthly using a CSV file. Does anyone know if QB has a product that can do this?

I am beginning to think that it doesn't.

    1 reply

    July 19, 2023

    Hello BossWookie, so there is no split option in QuickBooks online, so it be a case of you having to do transfers between the personal and business accounts. For reconciliation purposes, you would just create a dummy personal account in QuickBooks and transfer them to that.