How do I categorize owner's draw in QuickBooks self-employed?

Good day, ryan. I'll walk you through categorizing the owner's draw in QuickBooks Self-Employed (QBSE).

Owner's withdrawal can be categorized as personal withdrawal to accurately reflect that these transactions involve taking money out of the business for personal use. Here's how:

1. Go to the Transactions menu.
2. Find the transaction on the list and click the small arrow.
3. Click the category and choose Personal withdrawal.
4. Hit Save to reflect the changes.
   

If you come across any transactions that seem uncertain while categorizing them for tax purposes, you can your tax advisor for further guidance.
 

I also suggest referring to these articles when reviewing transactions to maintain its accuracy.

• Categorize money transfers.
• Schedule C and expense categories.

If you have any further questions or concerns regarding how to handle transactions within the program, feel free to let me know. I'm always here to assist you. Take care and have a great day!