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January 22, 2021
Question

How do you post dividends going out of your business account?

  • January 22, 2021
  • 1 reply
  • 0 views
Original commenter did not share additional details

1 reply

January 22, 2021

Hi clayton-houle-ou,

 

QuickBooks is a powerful program which equips you with the tools and resources that allow you to streamline your work. Posting transactions the right way is an essential process and it's vital you're able to do that correctly. I'd be glad to steer you in the right direction so you can focus on doing the things you enjoy. 

 

To ensure accuracy in your books, I recommend contacting an accounting professional for expert advice on how to post the dividends. Doing this will help prevent any future discrepancies in your books. If you're not in contact with one, I encourage you to search for one on our website using this link here.

 

I'll also leave this question here so other accounting professional members can chime in. Let me know if you have other questions. I'm here to help.