Bookkeeping basics

Handle owner pay & reimbursements

Record owner draws and reimbursements correctly so your pay and your books both stay right.

Paying yourself, or paying yourself back? There's a right way to record each.

  • Owner pay (a draw) isn't an expense — it's you taking profit out of the business.
  • A reimbursement is when you paid a business cost personally — that's a business expense, paid back to you.

Mixing these up is the most common bookkeeping slip — when in doubt, ask.

What happens next — your pay and your books both stay correct.