I posted a dividend to my books for one of my cash withdrawals, but it is showing up as an expense, isnt that incorrect? how do i change that to reflect as a BS item?

Hello,

I hope you're having an awesome weekend so far! You have a very great question and I wanted to share with an awesome answer from one of the many amazing staff members from Intuit!

https://quickbooks.intuit.com/learn-support/en-ca/reports-accounting/how-do-you-enter-dividends-in-quickbooks/00/467505#:~:text=Tracking%20and%20entering%20dividends%20is,data%20as%20a%20journal%20entry.


I hope you find the information useful, and I hope you have a great rest of the evening.

Kindest Regards,
Lourdes Fernandez