Home
Welcome About SBI
My Blog
FREE Newsletter
Learn Bookkeeping 101
SBI eLearning
Definitions
Q&A Bookkeeping Q&A
Tax Questions
Tools Basic Forms
Free Tests
Helpful Links
Shop Supplies
File Your Taxes
Read Articles
Accounting News
Bookkeeping News
Income Tax News
Explore Jokes
Motivation
Testimonials
Make A Donation
[?] Subscribe To This Bookkeeping Site

XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines


Comments for
Getting Paid As a Sole Proprietor

Average Rating starstarstarstarstar

Click here to add your own comments

Mar 12, 2011
Rating
starstarstarstar
How Do You Do This on Quicken Home and Business? NEW
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
Rating
starstarstarstarstar
Thank you NEW
by: Val

Thanks for your quick response!

Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Bookkeeping Questions and Answers

Return to Getting Paid As a Sole Proprietor