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Buy nowI’m using QuickBooks Online for my business. Earlier in 2025, I mistakenly categorized personal credit card expenses (from a personal card) as business expenses, so they are now appearing on my business Profit & Loss. Important details: • The credit card was personal, not a business card • The card has since been unlinked from QuickBooks • The expenses are real transactions but should not be on the business P&L • I want them reflected as owner/shareholder activity (equity), not expenses • Deleting or excluding transactions is not an option (I want to preserve audit trail) What is the correct QuickBooks-approved way to remove these personal expenses from the P&L and reclassify them to Equity (Shareholder Distributions) now that the card is no longer linked? Is a summary journal entry the proper solution in this case, or is there another recommended method?
Hi there, @judit.
I'd be glad to help you with your concern regarding personal credit card expenses incorrectly showing on your business P&L.
To begin, personal credit card transactions that are unrelated to the business should not appear in business reports, including the Profit & Loss (P&L).
These transactions are not considered shareholder activity either, as shareholder distributions generally refer to the withdrawal of business profits for personal use, not the mixing of personal expenses into business records. The most appropriate action would be to delete the transactions and remove the personal account entirely from your business financials in QuickBooks Online.
If maintaining a paper trail is essential, you can utilize the Audit Log in QuickBooks Online to review and document all changes made to your financial records.
Please let us know if you have any additional questions about QBO. We’re always here to help.
Hi @judit,
I just wanted to follow up to check if the resolution we provided helped resolve your issue.
Please let us know if everything is now working as expected or if you’re still experiencing any problems.
We’ll be glad to assist further if needed.
RE: The expenses are real transactions but should not be on the business P&L • I want them reflected as owner/shareholder activity (equity), not expenses
In that case, edit the charges and change the account to the appropriate Equity account.
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