How do I input a specific amount in a transaction that is both business and personal

To record an amount that includes both business and personal expenses in QuickBooks Online (QBO), you can split the total payment into two parts within a single transaction, adtm1983.

You need to classify the fixed garage rent as a business expense and categorize the non-business rent and utilities as personal expenses. Since the rent includes utilities and changes each month, make sure to adjust the personal portion accordingly, while keeping the garage rent consistent.

Before proceeding, we'd also recommend consulting your accountant for personalized guidance on selecting the approach that best aligns with your business needs.

If the transaction is downloaded from your bank, let's go to the Bank transactions menu to split it into business and personal:

1. Select the Accounting menu, then choose Bank transactions.
2. Locate the entry you want to split and click it to open its details.
3. Under the Action column, click the drop-down arrow beside Post and select Split. 
4. Enter all the necessary details.
5. Click Split and post. 

If you'll be entering it manually, you can create an Expense or a Check transaction. Here's how:

1. Go to the Create menu and select Expense (or Check, if you paid by check).
2. Choose the Payee (e.g., your apartment complex).
3. Select the Payment Account (e.g., your bank or credit card).
4. Go to the Category details section. 
5. Line 1: Enter the fixed garage rent amount.
   • Category: Rent Expense or a custom account like Garage Rent (Business)
   • Amount: Fixed garage rent
6. Line 2: Enter the remaining amount (utilities + personal portion).
   • Category: Owner’s Draw or Personal Expenses
   • Amount: Total rent minus garage rent
7. Add a Memo like “Split: Garage rent (business) + Utilities (personal)” for clarity.
8. Click Save and close.

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Feel free to reach out in the comments if you have more questions. We'll be glad to assist!

I'm using QBSE. These directions don't apply to that product

Hello there, adtm1983.

Thank you for specifying which QuickBooks product you are using.

Since you're working with QuickBooks Self-Employed (QBSE), the option to split transactions is limited to imported transactions. This means it applies to transactions automatically synced from your connected bank or credit card account, as well as to receipts scanned from your bill.

You can find detailed steps on how to split a transaction between business and personal by amount or percentage here: Split transactions in QuickBooks Self-Employed.

For manually entered transactions, QBSE assumes they are exclusively for either business or personal use. As a result, if you need to represent a split transaction, you'll need to record two separate transactions-one for the business portion and another for the personal portion, since manually added transactions cannot be directly split.

Feel free to use the Reply button below if you have any further questions or need assistance with QuickBooks.

Thank you. 

Good day, @adtm1983!

I appreciate you getting back to us and confirming that the suggestions has solved your query. In behalf of my colleagues, you're always welcome. Please know that it's our pleasure to address any questions or issues you may have with QuickBooks.

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