As a sole proprietorship, what detail type should I use for Owner’s Draws account in QBO


In QBO, I would use Owner’s Equity as detail type for Owner’s Draws account name.

  • Category Type: Equity
  • Detail Type: Owner’s Equity
  • Name: Owner’s Draws

 
owners-draws-account
 

FREE Trial
USA
CANADA

XERO – Alternative to QuickBooks

SAGE 50 Accounting

Limited Time Offer—Save Up To 37% On Sage 50 Accounting Software!

 






%d bloggers like this: