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BScotch-Wrangler
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
qbteachmt
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.

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1 Comment 1
qbteachmt
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.

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