Reimburse myself for a payment

Hi there, @smomin. 

Thanks for taking the time to reach out to the QuickBooks Community for support. I hope you're enjoying the day so far. 

In QuickBooks Online, you can create a Journal Entry to record the expense you paid for with personal funds. Then, you can create a check to reimburse yourself. I've included some steps to complete this process below. 

To create a Journal Entry:

1. Select + New.
2. Choose Journal Entry.
3. On the first line, select the expense account for the purchase.
4. Enter the purchase amount in the Debits column.
5. Click on Partner's equity or Owner's equity on the second line.
6. Enter the same purchase amount in the Credits column.
7. Tap Save and close.

To create a check for the reimbursement: 

1. Hit the + New button.
2. Choose Check. Or, if you're in Business view, follow the steps to switch to Accountant view first. Then come back to these steps.
3. Select a bank account to use to reimburse the personal funds.
4. In the Category column, select Partner's equity or Owner's equity.
5. Enter the amount to reimburse.
6. Hit Save and close or Save and new.

For additional details, check out Pay for business expenses with personal funds. 

Please know that it's always best to consult with your accountant before making any changes to your account. If you don't have an accountant, don't sweat it. You can find one here in our Resource Center. 

Don't hesitate to let me know if you have any questions or concerns. Take care and have a wonderful day! 

First, VOID the check so that's not hanging around out there.

It sounds like the company did no have any "Cash" to give out, so you might consider having a Cash or Cash On Hand Acct (it may already be in your Chart of Accounts).  This way you'll have cash for Tips and other small items that come up.  And you'll have it for situations like this. 

In this case it sounds like you put the money in for the cash.  So I'd suggest you make the $200 Deposit into the Cash Account and it would go against your Owner Equity Contribution Acct.  To take the money out there are a couple of ways....

If  you decide to keep Cash around, I'd make a Transfer from your Checking Acct to your Cash Acct for $400.  You can write a check to "Cash" and go cash it at the bank.  You can also just go in and use the ATM or just make a Withdrawal.  Any why you want to do it. 

Once the $200 you want to get repaid plus the amount you want to keep in Cash has been transferred, just make another entry in the Cash Acct to you for the $200 and apply it to Owner Equity Draw.  (If you do not want to keep Cash on the books, then only transfer the $200 and no more.)