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Hi there, @stuart-cancourie.
You can add them by creating a journal entry for the business expense you paid for personal funds.
Here's how:
Then you can create an expense for VAT and TAX purchases.
This way, you get records for VAT and tax purchases from your fuel receipts.
I'll add this article as your reference on how to record business expenses you made with personal funds in QBO: Pay for business expenses with personal funds.
Additionally, you can check this article to learn more about your business status by running financial statements: Run reports in QuickBooks Online. It includes links that can help you customize reports and memorize them.
Please keep me notified by tagging me (@Jovychris_A)) on your response if there's anything else. I'm always here to help. More power to your business!
Hi there, @stuart-cancourie.
You can add them by creating a journal entry for the business expense you paid for personal funds.
Here's how:
Then you can create an expense for VAT and TAX purchases.
This way, you get records for VAT and tax purchases from your fuel receipts.
I'll add this article as your reference on how to record business expenses you made with personal funds in QBO: Pay for business expenses with personal funds.
Additionally, you can check this article to learn more about your business status by running financial statements: Run reports in QuickBooks Online. It includes links that can help you customize reports and memorize them.
Please keep me notified by tagging me (@Jovychris_A)) on your response if there's anything else. I'm always here to help. More power to your business!
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