Quickbooks Chart of Accounts Setup

by Amanda
(Adelaide)

Quickbooks Chart of Accounts Setup

Quickbooks Chart of Accounts Setup

Could you please advise how I set up a "Personal Drawings" account in the QuickBooks chart of accounts? I recall being told not to put it as an expense but set it up as "Equity"? Would this be correct? Thanks

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Jan 07, 2018
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starstarstarstarstar 		Setting Up Chart of Accounts in Quickbooks
by: Louisa

Thank for your question about creating a Personal Drawings account in the QuickBooks Chart of Accounts. Yes, it is correct to set up a Personal Drawings account under the Equity category heading.

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