> For the complete documentation index, see [llms.txt](https://help.immodio.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://help.immodio.app/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10100900-privatentnahmen-allgemein.md). # Private withdrawals, general Help on the Immodio entry item Private withdrawals, general.
You use this category for payments or transfers from a **bank account used for your letting activity into your private assets**, where the outflow of money is not income-related expenditure and not any other expense of your letting activity. **A typical case:** There is surplus liquidity in your letting account and you want to use part of that money privately, for example for: * private living costs, * private purchases, * private invoices, * a transfer to your private current account, * a private cash withdrawal, * or other private purposes. You therefore transfer money from the letting account into your private account or pay a private expense directly from the letting account. You post this payment to the category: **"**[**Private withdrawals, general**](/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10100900-privatentnahmen-allgemein.md)**"** {% hint style="info" %} The private withdrawal thereby serves to distinguish an **owner's private outflow of money** from genuine expenditure of the letting activity. {% endhint %} **Typical cases for a private withdrawal** The category can be used, for example, where you: * transferring money from the letting account into your private current account, * withdrawing cash from the letting account for private purposes, * paying for private purchases with the letting account, * settling private invoices through the letting account, * transferring surplus liquidity from your letting activity into your private assets, * paying money from the joint property account to an owner for their private use, * or making other payments from the letting account that have no economic connection with your letting activity. What matters is: {% hint style="info" %} The money is economically **transferred into the owner's private sphere** and is not expenditure from a rental, service or financing relationship of the letting activity. {% endhint %} #### **Repaying a loan is not a private withdrawal** The repayment or redemption of a loan or credit is **not** a private withdrawal. **Example** You took out a bank loan for a refurbishment and transfer a repayment of **€5,000** to the bank. This **€5,000** is indeed debited from your letting account, but it is not used for private purposes. It is based on a **loan relationship with the bank** and serves to repay the credit taken out. The repayment may therefore not be posted to **"**[**Private withdrawals, general**](/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10100900-privatentnahmen-allgemein.md)**"**. It has to be posted according to its actual function to the appropriate category "[**Repayment or redemption of a bank loan, loan or credit**](/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10121600-tilgung-rueckzahlung-eines-bankdarlehens-darlehens-kredits.md)". #### **A payment to a third party is not automatically a private withdrawal** Where money is transferred from the letting account to a third party, it has to be examined why the amount is being paid. Payments can be made, for example, to: * insurance, * an energy supplier, * a property manager, * tradesmen, * the tax office, * a tenant, * the seller of a property, * other contracting parties. Such a payment is **not a private withdrawal** merely because money leaves your letting account. It has to be treated according to its actual economic origin and posted to the appropriate category. {% hint style="info" %} Where you pay a tradesman's invoice for your let property, for example, this is letting expenditure and not a private withdrawal. {% endhint %} #### **Money to another owner** Particular care should be taken with entries for properties with several owners. Where money is paid out from the joint property account to a co-owner for their private use, for example, the private withdrawal should be assigned to the owner who actually receives the money. **Example** A property belongs to two owners. **€4,000** is transferred from the joint property account to owner A's private account. The **assignment** in the entry then has to be to precisely that owner, so that this **€4,000** can be assigned correctly to **owner A** as a private withdrawal. #### **Do not automatically post a payment to family members as a private withdrawal** Where you transfer money from the letting account, for example, to: * a spouse, * a parent, * a child, * a life partner, * another relative, the payment may not automatically be regarded as a private withdrawal solely because of the recipient. It first has to be clarified why the money is being paid. The following are possible, for example: * a gift, * private support, * the repayment of a loan, * a reimbursement of costs, * payment for a service actually supplied for the letting activity, * a payment on the owner's account, * or actually a private use of the money. The **reason for the payment** therefore has to be documented comprehensibly and posted to the corresponding category. Where it is actually a private payment by the owner to the relative, the category **"**[**Private withdrawals, general**](/en/anleitung/einnahmen-und-ausgaben/buchhaltung-erweiterung/10100900-privatentnahmen-allgemein.md)**"** can be used. #### **Transfers between your own accounts** Where you transfer money from your letting account to your ordinary private current account, this is typically the case this category is for. **Example** * You transfer **€2,500** from your letting account to your private account. * The letting account therefore has an outflow of **€2,500**. This **€2,500** can be recorded in Immodio for the letting account as **"Private withdrawals, general"**. Where, by contrast, you merely transfer money between two accounts both kept within your letting activity, this is in principle only a **transfer between accounts** and **not** a private withdrawal. #### **Assignment in Immodio** With this category the assignment is to the **owner**. Select the owner who actually withdraws the money from the letting activity into their private sphere. #### **Do not recover from the tenant** A private withdrawal is not a cost item of the let property. It is merely the private use or withdrawal of money by the owner. The **"Recoverable in the operating cost statement"** switch therefore has to stay **disabled**. With larger private withdrawals, keep in particular: * the transfer receipt, * the bank statement, * where applicable, the purpose of the payment, * and, with several owners, the clear assignment to the owner making the withdrawal on file in a comprehensible way. That keeps it clearly recognisable later as well **why money left the letting account without it being expenditure of the letting activity**.