The help article gives information on how to record the business expense paid with personal funds and how to reimburse by either check or recording as an expense. What if you are just starting and you don't want to reimburse? For example I captured a receipt using the receipt capture feature in the QB App. When reviewing the receipt I chose the correct category for the expense, but I'm not sure what to put in the Bank/Credit Account** category. I tried my Owner's Equity account because it's been paid for with personal cash. Then I get a "Something went wrong error. You need to select a different account". I don't want to select the business checking or business savings account because I did not use those to pay for this item. I then tried to create a journal posting, but the receipt wouldn't "match" to it. Please advice on how to take care of an item paid in cash that we are not going to be reimbursing because the business is brand new and haven't made income yet. Thank you for your help!
What would be a good name to call this clearing account when I make it? Also once I do the Expense transaction then the Deposit transaction, am I able to get the receipt image for the transaction to “Match” to these transactions?