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kate78
January 7, 2023
Question

How to record shares payment being deposited into bank account?

  • January 7, 2023
  • 1 reply
  • 0 views

My corporation was just setup and I'm the only owner/shareholder. When I send the money to my business bank account to pay for my shares, I am wondering the best way to record this in Quickbooks.

 

Thank you

1 reply

J
JamesM4
January 9, 2023

Hello kate78,

 

Welcome to the QuickBooks Community! When it comes to managing your assets QuickBooks is the go-to program that enables you to manage your work with peace of mind. I'll be happy 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 professional for expert advice. 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. 

 

Let me know if this info helps. Otherwise, you're more than welcome to ask other questions in the comments below.

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