Owner Draw
To record an owner draw go to Ledger -> Chart of Accounts -> New GL Account.
Create a new GL account called "Owner Draw". Your account type will be "Equity".
Your accounts for drawing the funds will be "Owner Draw" and "AP" or "Business Checking Account" for example.
Create a new GL account called "Owner Draw". Your account type will be "Equity".
Your accounts for drawing the funds will be "Owner Draw" and "AP" or "Business Checking Account" for example.