How to Record Business Start-up Costs as a Journal Entry in QuickBooks

Did you have business start-up costs for a new business, but you’re not sure how to enter them for bookkeeping purposes?

If you haven’t opened a separate business bank account quite yet, you probably used personal expenses to pay for these start-up costs.

Here's a tutorial on how to record this as a Journal Entry in QuickBooks Online. I talk about how to create the expense and equity "owner's draw" accounts in the Chart of Accounts, and then I share how to enter them in as a journal entry.

RESOURCES MENTIONED IN VIDEO:

Free Masterclass: Is bookkeeping right for me?

Beginner Bookkeeping Course: Bookkeeper Business Coach

Video: Chart of Accounts