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Old 11-28-2010, 03:51 AM
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Join Date: Nov 2010
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transfer of funds from S corp to personal & vice versa

How do you record transfer of funds
1. from an S corp to personal account in Quickbooks?
2. from personal account to S corp in Quickbooks?

Personal and S Corp records are maintained as one record in Quickbooks because S Corp has only 1 owner.

THanks!



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