Banking

Welcome aboard to the Community, @joe116.

Let me show how you can record the contribution in QuickBooks Online.

You can use an equity account and add your partner as a vendor to track the contributions to your business. It allows you to check what someone invests and makes from a business through your Chart of Accounts.

To create a vendor:

1. Go to the Expenses menu and then select Vendors.
2. Select New Vendor.
3. Fill out the form and select Save.

In case you need to create another equity account:

1. Go to Settings ⚙, then select Chart of Accounts.
2. Select New.
3. From the Account Type ▼ drop-down, select Equity.
4. From the Detail Type ▼ drop-down, select Owner's Equity or Partner's Equity depending on your situation.
5. Hit Save and Close. 

Once done, we can now proceed with recording the deposit into the system. Please follow these steps:

1. Click + New in the upper-left corner.
2. Select Bank deposit.
3. From the Account ▼ drop-down, choose the bank account you're depositing the money into.
4. Enter the deposit date of the money.
5. In the Add funds to this deposit section, enter the name of the investor in the Received from field.
6. Select the appropriate equity account from the drop-down list in the Account field.
7. Specify a Payment method.
8. Enter the investment amount in the Amount field.
9. Select Save and close. 

I've also included the following articles you can use to handle the partner's contributions, like the deposit process:

• Add an owner or partner to your books.
• Track personal money or investments to your business.
• Record paying back an investment.

Please know that I'm just a post away if you have any other questions. Have a great day ahead.