Owners Equity

That's a good question, Jonnybegood.

The Owner's Equity account will not be affected by the daily expenditures if it's not used when creating transactions.

If this is a capital investment, let's make sure it's recorded correctly in the program. 

To start, we'll have to set up an equity account. Then, let's record a deposit. Here's how:

1. Go to + New and then select Bank deposit.
2. From the Account drop-down menu, select the bank account.
3. From the Add funds to this deposit section, enter the name in the Received from field.
4. Select the appropriate equity account from the drop-down list in the Account field.
5. Specify a Payment method.
6. Enter the investment amount in the Amount field.
7. Click Save and close.

If your bank account is connected, we only need to categorize the transaction associated with your deposits.

For more details, please see this article: Record Capital Investment.

You can also reach out to an accountant to guide you through the process. If you don't have one, you can use our Find-an-Accountant tool to look for an expert near you.

Additionally, I've added an article that'll help you track your daily expenditures in QuickBooks Online: The Difference Between Bills, Checks, and Expenses.

Please keep us posted if you need additional assistance in tracking your transactions. We want to make sure your books are always accurate.