Equity deposits be added to Quickbooks desktop budget
I work for a company that makes quarterly equity payments to the other companies in this organization. I would like these payments to be added to the budget in Quickbooks but currently we can only do a budget in Excel that shows these payments.
This is also the situation for our monthly reserve payments.
Before I started working here, these payments were entered as expenses until the accountant stated that this was not correct. The bookkeeper printed out the files for the accountant instead of backup copies of Quickbooks. We would like to see these amounts reflected in the budget to show that we are on target.