Transferred funds (cash) from my business checking account to an investment account.

Hello, lis2023.

There are two methods available for recording fund transfers in QuickBooks Desktop (QBDT). I'll elaborate on each of them in detail for you.

You can either create a journal entry (JE) or write a check to transfer your cash fund from your business checking to your investment account. 

If you choose to create a journal entry, you'll need to credit your business checking account and debit your investment account. To do this, here's how:

1. Go to the Company menu and select Make General Journal Entries.
2. Credit your business checking account and debit your investment account. Enter the amount in the correct column.
3. Make sure your debits equal your credits when you’re done.
4. Enter information in the Memo column so you know why you made the journal entry.
5. Select Save or Save & Close.

If you opt to write a check, make sure to indicate the account where the funds are being transferred (investment account) in the Bank Account field. Additionally, use the EFT (Electronic Fund Transfer) information as your check number and include your reference number in the Memo field. For the complete guide in writing a check, please refer to this article: Create, modify, and print checks.

Additionally, I'd recommend reconciling your accounts regularly. This effectively tracks your income and expense transactions and identifies any potential errors. To assist you in performing and resolving reconciliations, refer to this article: Learn the reconcile workflow in QuickBooks.

Let me know if you have other fund transfer concerns or questions about managing transactions in QBDT. I'll gladly help.