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Buy nowHello there, @akilap. QuickBooks Self-Employed and QuickBooks Online are two different platforms so there are certain features in QBSE that are unavailable in QBO. One such functionality is the ability to categorize transactions as Personal.
Nonetheless, you can create a separate account specific to your personal transactions in order to keep track of them. Here's how:
Note: It's important to keep in touch with your accountant for advice regarding the detailed type of account to use. This keeps your books in order.
After that, you simply need to make sure that you choose this account every time you create personal transactions. This ensures that they are appropriately assigned in the future. Visit this guide for more details on handling your transactions: Categorize online bank transactions in QuickBooks Online.
I'll also include these extra modules about keeping your Chart of Accounts organized and hiding accounts you no longer use:
Please visit us again if you need anything else about banking or QuickBooks in general. We're always here to help you. Stay healthy!