you can do that. You can create an additional equity account.

Open the chart of accounts & create the account.

Resolution for 'another equity issue: 'Can I set up another equity account under: Retained earnings, type: Equity and under “detail type” name it what I need (S. Corp distributions)?' available: Yes.

The another equity 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 another equity issue yourself by looking for a resolution described in the article. If it is a complex another equity issue or you are unable to solve the issue, you may contact us by clicking here or by using other another equity support options.

For more information about resolving issues related to another equity in Quickbooks/QBO or to get support for the issue 'Can I set up another equity account under: Retained earnings, type: Equity and under “detail type” name it what I need (S. Corp distributions)?', click the link below: