Created with Sketch.Learn about PPP and Loan Forgiveness, stay informed with the latest changes.
Created with Sketch.Need help with 1099's or other Year End topics? Visit our Year End Resources page.
Created with Sketch.New to QuickBooks or using a new product? Visit our Get Started resource page to help you get going.
Created with Sketch.Need to make changes to your account? Visit the Account Manager Portal.
cancel
Showing results for 
Search instead for 
Did you mean: 
Level 1

How do I reimburse the company is someone uses the company card for a personal expense?

The company card was accidently used to purchase an airline ticket. The person needs to reimburse the company. How do I do this so QB is reconciled and the amount is deposited correctly and not received as income and the purchase is not shown as a business expense? 

Solved
Best answer October 15, 2018

Best Answers
Level 15

How do I reimburse the company is someone uses the company card for a personal expense?

The entry is posted to Other Asset as employee loan. This is not expense or income.

The repayment is a deposit to Other Asset, to show you got repaid.

View solution in original post

1 Comment
Level 15

How do I reimburse the company is someone uses the company card for a personal expense?

The entry is posted to Other Asset as employee loan. This is not expense or income.

The repayment is a deposit to Other Asset, to show you got repaid.

View solution in original post

Need to get in touch?

Contact us