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Corporation shareholder distributions

Posted by dnholub on 04/14/2009 - 19:20

I use Quickbooks Pro 2009 and need to set up distributions to corp shareholders. How do I do this?

Nancy Holub, office manager, Oregon

  • 2032 reads


set up an account under the "equity section" called S Corp Distributions

You can set up an account under the "equity section" called S Corp Distributions. At the end of each year I make an adjustment to this account to Zero it out against retained earnings

Posted by Joe B. on 04/20/2009 - 09:03
  • 1 read
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Amidst a certain amount of controversy, the AICPA and the Chartered Institute of Management Accountants have launched a new designation for global management accountants, the CGMA (Chartered Global Management Accountant). The designation is available to members of both organizations.
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