Comments for Getting Paid As a Sole Proprietor

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Mar 12, 2011
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How Do You Do This on Quicken Home and Business?
by: Anonymous

You had a great answer for the question, but in my case things are a little different:

I too am a sole proprietor with a very small, simple business. How do I categorize withdrawing money? I have "salary" under personal income in my personal checking account for my deposits, but when I withdraw money from the business account I don't see anything appropriate in the standard quicken categories. I have thought it would come under a business expense, but I need to make sure. Also when I try to set up such a category quicken seems to want to automatically re-assign the withdrawal to "personal expense."

thanks

Sep 06, 2008
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Thank you
by: Val

Thanks for your quick response!

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