Other questions
I'd be glad to share with you the steps in entering those receipts in QuickBooks Online, BookBee.
You can enter those receipts using journal entries in QuickBooks Online. However, using this method needs the assistance of an accounting professional for the accounts you need to use (Shareholder Loan or Petty Cash).
Also, they'll be able to help and guide on which account to debit and credit. Here's how:
- Click + New in the left panel and choose Journal entry.
- Fill out the fields to create your journal entry and enter the amounts.
- Hit Save and close.
For the detailed steps and instructions, check out this article: Pay for business expenses with personal funds. This will provide you steps on how to reimburse the money.
Additionally, you can scan through this write-up: Mixing business and personal funds. It contains more details about how to manage your personal funds in QuickBooks Online.
Feel free to drop me a line if you have any other QuickBooks concerns. I'll be sure to get back to you and help you whenever I can. Keep safe and have a good one.
