Hello,
I am a sole proprietor using QuickBooks Self-Employed and would like to set up Owner's Draw. I'm new to this, so unfortunately I've just been writing myself checks from my business account and depositing in my personal account. In other posts in the QB Community, I see that I should set up an equity account in the 'Chart of Accounts' in the gear icon. However, I don't have a Chart of Accounts there. All I have are my Bank Accounts where I sync with my business checking and my business credit card. All that shows up there is an option to connect another account.
So, how do I set up that elusive equity account?
Thanks in advance!
