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Level 1

paying my business credit card with my personal checking account

Hello, 

 

I haven't been able to get a business credit card yet, so I have been using a credit card I haven't touched in a while for business expenses. The problem is I am not able to pay it with my business checking. I have the credit card linked to my QBO. 

 

What I've currently been doing is putting all of my transactions on my card to the correct expense account and when paying it just coding it as owners contribution. 

 

Is this the correct action or should I be doing this transaction differently? 

 

Thanks in advance!

-Jared

2 Comments
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Community Champion

paying my business credit card with my personal checking account

Yes, That's about right. Best is to not have personal accounts in business books but it happens. Why can't you use the business checking to pay it?

Highlighted
Level 1

paying my business credit card with my personal checking account

It won't let me link my other checking to pay the card for some reason, not sure why. I'm going to be applying for a card for my business soon. I'm just pretty fresh on the scene.

 

Appreciate the reply. 

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