Thanks for visiting the Community, Val24.
S-corp accounting is a lot different than a sole proprietor or partnership when it comes to ownership, documentation, and payroll. I'd suggest consulting an accountant to help and guide how to record this. Your accountant can provide more expert advice in dealing with this concern.
Just in case, I'll add these articles for future reference:
Keep posting here in the Community if you have other questions. I'm always here to offer assistance. Have a good one.
