How to record personal expenses and owner draws in QuickBooks Online

Business owners often use the company’s bank and credit card accounts to pay personal bills and expenses, or simply withdraw money to pay themselves.

Let’s go over what to do when the business owner pays for personal expenses with a company account and how to pay the owner with a draw. Plus we’ll show you how this affects the financial statements.

https://youtu.be/s51TvXWyvxM

Working with the world's best tools to streamline your business

Subscribe to our newsletter

Enter your details to receive regular news and updates from the team

This field is for validation purposes and should be left unchanged.