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Angelyn_T
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Allow me to join the thread, @bport-salon.

 

Yes, the amount for the Owner's Contribution should be entered as negative to zero out the expenses. Also, be sure to select NO VAT under the VAT column so QuickBooks won't report taxes on your tax return.

 

You can see these screenshots for additional reference.

r12 1.PNG

r12 2.PNG

 

Let me know if you have any other questions by leaving a comment below. I'm always here to help. Wishing you a good one!