Business ATM withdrawal of cash for personal use is owner draw, a reduction of your equity in the business. If you instead use the cash to pay business expenses you would post the withdrawal to your Cash on Hand, Petty Cash or Cash bank account.
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Resolution for 'ATM transaction issue: 'How to categorize ATM transaction used to pay vendor?' available: Yes.
The ATM transaction 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 ATM transaction issue yourself by looking for a resolution described in the article. If it is a complex ATM transaction issue or you are unable to solve the issue, you may contact us by clicking here or by using other ATM transaction support options.
For more information about resolving issues related to ATM transaction in Quickbooks/QBO or to get support for the issue 'How to categorize ATM transaction used to pay vendor?', click the link below: