Paid for Business Rent with my personal account, which is not linked to quickbooks

Yes, you can add an expense to settle the funds paid with your personal account, @JJoy. I’m here to help ensure everything’s correct.

In QuickBooks Online, there are ways to record business expenses you made with personal funds. Since your personal bank account isn't connected to the program, you can enter this event by creating a zero-net expense.

Here’s how:

1. Click the + New button, then choose Expense.
2. Select the date and other needed info.
3. Select the appropriate category for your business rent, then enter the amount.
4. Add a second line with the same amount as a negative and posted to your Equity account (e.g., Owner Investment).
5. Save it after.

The total expense in the bank register will be $0, so it won’t change your business bank balance. But QuickBooks will show the expense amount and the increase in your investment. You can mark it as Reconciled when performing your monthly reconciliation.

You can also use the journal entry to record the business expense, then reimburse the amount through a check or expense transaction. Check out this guide for complete instructions: Pay for business expenses with personal funds. It includes a video for your visual reference.

If you run into a situation where business and personal finances mix and don’t know how to reimburse employees who use their own funds for business expenses. See the following articles below to learn how to handle them:

• Pay for personal expenses from a business credit card or bank account
• Reimburse an employee

Don’t hesitate to leave a message if you need more help managing your company expenses. I’ll be right here to help. Take care always, and have a great day!

Looking for a bit of clarification here please. I am new to QBO  and new to business so please bear with me.

In your reply and in a quickbooks video in a thread titled "Paid for business Rent with my personal account, which is not linked to quickbooks"

Thanks for joining this thread, OGBadger. I'm glad to share some details about the owner's equity and the owner's investment.

Beforehand, may I ask what specific video tutorial in QuickBooks did you watch? Any additional details will be much appreciated so that we can give you accurate information.

Going back, the owner's equity is the residual interest in the assets of the business after deducting liabilities and is also called net worth or net assets. It represents the owner's investments in the business, less any withdrawals, plus net income or minus the net loss since the business began.

On the other hand, an owner's investment in a business is the money or assets they contribute towards its establishment or operation. These are recorded on capital accounts, individual to each business member.

To sum it up, owner investments and the business's earnings make up the owner's equity.

In addition, you can also record an owner's contribution or capital investment in your business in QuickBooks.

Feel free to reply to this thread if you have more QuickBooks-related concerns. The Community is open 24/7 to assist you.

@OGBadger 

Do you need to reimburse your business expense to your personal account?