2017 books: I am a co-owner of an S corp. I issued 2 equity disbursements at the end of 2016 but the checks did not clear until 2017. Are they applied to 2016 or 2017 books?
“but the checks did not clear until 2017”
You never use the Bank’s date. You use your data for everything. The date you incurred it is the date you issued Checks.
Resolution for '2017 books issue: 'I am a co-owner of an S corp. I issued 2 equity disbursements at the end of 2016 but the checks did not clear until 2017. Are they applied to 2016 or 2017 books?' available: Yes.
The 2017 books 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 2017 books issue yourself by looking for a resolution described in the article. If it is a complex 2017 books issue or you are unable to solve the issue, you may contact us by clicking here or by using other 2017 books support options.
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