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KFN
July 21, 2020
Solved

Owners draws?

  • July 21, 2020
  • 1 reply
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I am a solo proprietorship and am having trouble with owners draw. Can someone explain how to account for owners draw starting with the bank feed.

Best answer by Rustler

When you write a check to yourself, that is an owner draw.  Owners Draw is the expense (reason) for the check.  So when you see the bank feed that is the "expense" account you select

1 reply

Rustler
RustlerAnswer
July 21, 2020

When you write a check to yourself, that is an owner draw.  Owners Draw is the expense (reason) for the check.  So when you see the bank feed that is the "expense" account you select

    J
    johnburger
    February 25, 2021

    Hi thanks for your answer    but I can only see the first sentence how do i see the rest

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