Hello, Tahir M Ilyas.
Let me help you record the purchases using personal funds in QBO.
We'll have to create an expense transaction to document the details of the purchases. Let's ensure to pick the correct account.
After that, reimburse the company by following the steps below:
- Click + New Plus icon.
- Select Bank Deposit.
- Pick the Account to add the reimbursement to, and tap the Date.
- Go to the Add funds to this deposit section. In the Received From field, enter the person who made the personal expense, then select the account. Tip: Add the person as a customer if they aren't in your books already. Even if they're not a customer, this is the best option.
- Tap the Payment Method and enter the reimbursement amount.
- Press Save and close.
I've added this article for more information: Mixing business and personal funds. This article contains guidance on how to record such transactions using business and personal finances.
You can always update us after performing the steps as I want to ensure this is resolved for you. Have a great day!
