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Let m guide you on how to track your personal expenses and budget in QuickBooks Online (QBO), mackayhouse.
To track your personal expense in a business account, we'll need to record a personal expense from a business account. Even though you should avoid mixing personal and business funds, sometimes it happens. Here's how:
After that, you can reimburse the company by following Step 2 in the Pay for personal expenses from a business credit card or bank account article.
If you have QBO Plus, we can create budgets based on your accounting data where you can review and adjust everything. Then run financial reports to compare your actual sales and expenses with your budget. For the steps and details, check out the Create budgets in QuickBooks Online article. Feel free to visit our Help Articles page for more insights about running your business in QBO.
I'd like to know how you get on after trying the steps, as I want to ensure this is resolved for you. Please reply to this post and I'll get back to you. Happy Holidays.
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