Skip to main content
Matt_74
Feb 10, 2021 10:35 AM UTC
Solved

Transfer category

Hi, 

I'm self-employed and I transfer money from my business account to my personal account as salary.

I've searched and read the responses to similar questions asked on this forum but I don't understand them. 

All I need to know is what category do I list the transfer as?

EmmaMAnswer
Feb 10, 2021 1:42 PM UTC

Thanks Ashleigh. 

 

Can I clarify how I select that option please?

 

When I review transactions in my account, there are 4 check boxes. Categorise, Find Match, Record Transfer and Record as Credit Card Payment.

 

I cannot find an "Owner Withdrawal" option under any category.

 

Please could you direct me to where I select this option? 


Hi Matt_74, you mentioned you are Sefl Employed can we check if you are using the Self Employed product, or are you using QuickBooks Online? As there should be an owner withdrawal category on the former product.

View in thread

7 replies

Ashleigh1
Feb 10, 2021 10:55 AM UTC

Hello Matt_74, 

 

Welcome to the Community page, 

 

What was this transfer exactly for? 

 

Was it for your own personal wage the transfer? 

    Matt_74Author
    Feb 10, 2021 10:59 AM UTC

    Hi Ashleigh, 

     

    Yes this is my personal wage. 

    Ashleigh1
    Feb 10, 2021 11:12 AM UTC

    Hey Matt_74, 

     

    Thanks for getting back to us, so you can put the transfer down as owner withdrawal if it is for your own salary/wage. 

      Terms & ConditionsAccessibility statement