BudgetEase Blog - Making YOU Profitable™

Christie Goodrich & Cindy Gill

Recent Posts

How to Enter a K-1 for Your Small Business Into QuickBooks

If you receive a K-1 for an investment owned by your small business, use these simple instructions to adjust your Investment Account (Long-Term Asset) in QuickBooks to reflect the net income and any of the other items on the form. When you’re finished, the amount in the Investment Account will equal the Ending Capital reported on the K-1.