QB Issue Resolution:
Shareholder means you are taxed as a c- or s-corporation
in that case, create a liability account called something like due to [name]
then a journal entry
debit the expense and credit the liability account
later when you pay him back use the liability account as the expense (reason) for the payment
Resolution for Issue 'Can I enter bills paid with cash from the shareholder?' available: Yes (Solved).
Source: Intuit Community forum.
Can I enter bills paid with cash from the shareholder?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.Support for Cash
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Error Recovery for Cash [Canada]
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