Thank you very much for your help!

You’re always welcome, @KLPABE.

I’m glad you found the solution given by my colleague helpful.

If you have additional questions or concern, please don’t hesitate to let us know. The Community is here to help. Have a good one!

Thank you so much for posting this with a screen shot! Migrated from QB desktop Retail version to simpl QBSE and couldn't figure this out. Your explanation came up in community help and made fixing this super simple. And you saved me money too boot! I was just aboput to upgrade to get a Chart of Accounts.

Much thanks! 

Alisa

Veautiful Gatherings

Am I able to run a report to see how much money I withdrew as a Personal Withdraw?

Yes. We can pull up this data, Jessicalynnsimon.

We can run the Business and personal expenses report. I've got the steps on how to do it:

1. Click the Reports tab.
2. Go to the Business and personal expenses section.
3. Modify the date.
4. Click View.

Afterward, we'll have the option to either Print or Download it. All you have to do is just click the icon.

You can also take a look at these articles for more information about Personal Withdraw:

• Owner's Withdrawal
• QuickBooks Self-Employed Overview

I'm just a post-away if you still need my help. Thanks for dropping by and stay safe!

Hello, when i ran the report i didn't see the personal withdraw/transfer. I see in the report that it shows a transfer item on the expenses report  but it didn't show an amount. 

Hello, @God is love towing llc. 

When running Business and personal expenses report in QuickBooks Self-Employed (QBSE), only Transfers that you've tagged as Personal will be added in the report. 

Transfers that you've tagged as Business won't be included in the report. Check this article for more information: Owner's Withdrawal. 

After generating the report, you can see a breakdown of all the transactions under that category by clicking the amount beside the category (either Transfer or Transfer for Cash Spending). 

For more information on how we can help your business, please check our self-help articles here: https://community.intuit.com/quickbooks-self-employed.

If you have additional questions or concerns, let us know. The Community is here to help. Have a good one!

Thank you for this! Make's a significant difference to my year to date numbers. Phew! 

Additional question: So if I was writing myself a check, from business to personal, and filing it as "personal withdrawal"; on my personal account end, do I label that personal deposit as income? Or something else?

Thanks,
Rob

Are owner withdrawals characterised as a business or person transaction please?

Yes , I'm curious as well,  Should an owners draw be labeled a personal expense or a business expense when setting up the rule? 

Can someone please help me, there is no report titled "Business and Personal Expenses" under "reports" on my QBSE account? I need to figure out how to run a report to show my equity draws. PLEASE HELP. Thank you!

Welcome to the thread, @Thrivingyou212. Let me share information on how you can run the report you need in QuickBooks Self-Employed (QBSE).

The Business and personal expense report will only be available if you have expense transactions such as the owner's withdrawal categorized to transfer. If you don't see this option in your account, it only means that no transactions are categorized as a transfer.

In addition, the transactions you've tracked under Personal will not appear in any of the reports. 

To learn how to export transactions and run reports in QBSE, see this article for detailed steps: Export Transactions and Get Reports In QuickBooks Self-Employed.

To give you more idea about the QBSE program, visit this helpful link: QuickBooks Self-Employed Overview.

Let me know if you have follow-up questions. I'm happy to support you. Have a great day.

I have categorized owner's draws from my business checking as "Transfer" type and "Personal Withdrawal" category. What do I categorize the owner's draw transaction deposits under personal checking? If I categorize them as "Transfer" type and "Transfer" category under personal checking my personal account has no income and goes negative from all of the personal expenditures. Do I categorize owner's draw deposits in personal checking as income?