I want to be able to transfer money from the bank account directly to the owner's to/from advances account created. Zoho only allows to transfer to "Owner's equity" account. So I have to transfer first to Petty cash, then enter a journal from petty cash to the owner's to/from account...

I think the difference is the builtin "Owner's equity" account accounts for the Owner's equity AFTER all liabilities of the company.
That account is more made to account for the owner's shares into the company..

I want to be able to manage that independently.
Any expenses paid by the owner's pocket shoud be reimbursed in all, no matter what liability the company may have.
Correct me if I'm wrong.

So I suggest that we could transfer money from the main bank account directly to an Owner's to/from advance account manually created. Thanks.