QB Issue Resolution:

You have a Petty Cash account? No? You should have some named cash bank type account to account for cash on hand, cash drawer, cash in your wallet that belongs to business – whatever you want to call it.

 

Make a transfer from checking to cash of $2400. As a transfer or check or deposit does not matter as long as you record the withdrawal of cash from one bank account into your “cash on hand” bank type account.

 

Then in Pay Bills, select the cash account as the bank account to pay the vendor bills from.

 

You can use this same account when you buy something for business with your own money. Spend from Cash, then replenish it from your Owner Equity Contribution account

Resolution for Issue 'I need to record a cash payment to 2 of my vendors. I created a bill originally and paid both vendors with cash. I am not sure how I record the withdrawal (which was to pay 2 separate vendors, $2400 total withdrawal and then record the payment towards the existing bills to each vendor. Thanks' available: Yes (Solved).
Source: Intuit Community forum.

I need to record a cash payment to 2 of my vendors. I created a bill originally and paid both vendors with cash. I am not sure how I record the withdrawal (which was to pay 2 separate vendors, $2400 total withdrawal and then record the payment towards the existing bills to each vendor. Thanks: 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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