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November 8, 2022
Question

How to record investment from one company to another?

  • November 8, 2022
  • 1 reply
  • 5 views

Hello, Quickbooks community!

I have business A that invests some of its revenue toward business B. How do I keep track/record that in Quickbooks Online for business A accounting?

 

Cheers!

1 reply

Rustler
Level 15
November 8, 2022

Create an asset account named for business B

enter the payment for the investment and use that business B asset account as the expense (reason) for the payment