QB Issue Resolution:

A deposit into the business is income or increased equity. It is only decreased equity when the owner withdraws money to personal use. Owner injection = increased equity. Sounds like it is working correctly

Resolution for Issue 'Why does the amount in Owner’s Equity go up instead of down when I call a deposit from another account, a transfer from Owner’s Equity?' available: Yes (Solved).
Source: Intuit Community forum.

Why does the amount in Owner’s Equity go up instead of down when I call a deposit from another account, a transfer from Owner’s Equity?: 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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