I have a small business and paid some business expenses including my car payment with money form my personal account. How do I add these into QB so that I get an accurate account
In this case you're in effect investing in your company.
So, enter the payments in your Equity account, which will increase both Equity on your balance sheet and expenses on your P&L. Perhaps add a memo explaining the case.
In this case you're in effect investing in your company.
So, enter the payments in your Equity account, which will increase both Equity on your balance sheet and expenses on your P&L. Perhaps add a memo explaining the case.
Sign in for expert help
Ask questions, post replies & join our community of QuickBooks users.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
