UNIKBOK / Swedish bookkeeping examples / Owner deposits and withdrawalsPå svenska
How to book owner deposits and withdrawals
The owner of a sole trader business deposits SEK 1,000 into the business account, and on another occasion withdraws SEK 1,000.
How to book it
DepositBoth methods
| Account | Account name | Debit | Credit |
|---|---|---|---|
| 1930 | Företagskonto (Business bank account) | 1,000 | |
| 2018 | Övriga egna insättningar (Other owner deposits) | 1,000 | |
| Total | 1,000 | 1,000 |
WithdrawalBoth methods
| Account | Account name | Debit | Credit |
|---|---|---|---|
| 2013 | Övriga egna uttag (Other owner withdrawals) | 1,000 | |
| 1930 | Företagskonto (Business bank account) | 1,000 | |
| Total | 1,000 | 1,000 |
Common mistakes
- Booking withdrawals as salary. The owner of a sole trader business cannot pay themselves a salary.
The UNIKBOK accounting software has a ready-made template for owner deposits and withdrawals. Take a photo of the document, and the software suggests the accounts, VAT and journal entry for you.