QB Issue Resolution:

Good day, tonjunee.

 

Yes, it doesn’t matter if you used cash, a personal credit card, or a check. As referenced by my peer above, you will need to manually create a journal entry to record these transactions.

 

However, using this method (journal entry) needs the assistance of an accounting professional for the accounts you need to use. Also, your accountant can help and guide on which account to debit and credit. This is to ensure your checking account will not go off.

 

After that, you can follow the rest of the steps provided in the article. Once done, you can take a look at these resources to help you reconcile the account in QuickBooks Online:

 

You can get directly in touch with me if you have additional questions with recording personal funds and reconciling an account in QuickBooks. I’d be glad to help.

Resolution for Issue 'Hi, I’m new to QB and I started off with using credit cards to fund the business. Since the business hasn’t made any income yet, I had to pay off the credit card statement with my own personal funds to keep the business running. How would I set this up in QB?' available: Yes (Solved).
Source: Intuit Community forum.

Hi, I’m new to QB and I started off with using credit cards to fund the business. Since the business hasn’t made any income yet, I had to pay off the credit card statement with my own personal funds to keep the business running. How would I set this up in QB?: 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.

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