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I have paid a lot of expenses with my personal CC and checking account. I need to put those in QB but I want them put under owners investment as I dont want to be reimbursed. Please help
A journal entry is a great way to accomplish this. Debit your expense account you want to tie it to and credit your owners investment.
Glad to see you here, @anonymous29.
I know some options on how you can record expenses with your personal credit card and checking account.
If you'd like to record the business expense you paid for with personal funds, follow the steps below:
On the other hand, go through the steps below if you'd like to record a personal expense from a business account. Ensure that you pick Owner's Investment under the category details.
Here's how:
For more information on how you can manage your transactions, read these links:
Keep in touch by leaving a reply in the comment section. We're always ready to back you up if you have additional concerns about this matter or QuickBooks in general. Take the best care!
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