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QuickBooks Desktop tracks withdrawals of assets from the company to pay an owner using an owner's draw account, which is a sort of equity account. In QuickBooks Online and Desktop, learn What Does Owner's Draw Mean in Quickbooks. Continue reading if you're interested in learning how to track the withdrawal of company assets to pay an owner in QuickBooks Online. Don't worry, you can do it now, but you'll need to create an owner's draw in QuickBooks Online first. The instructions we've given you must be followed in the correct order.

Kaitlyn Dever

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