How to record employee loans to company that are paid back immediately?
We are a small (and brand new) company.
Frequently the owner / president will insert temporary funds into the company to cover payroll (including his own) and credit card payments while we wait for payment from clients. These have always been repaid in full within a month.
While I am less concerned with how these balance out, Quickbooks banking sees them as credits and debits (spent / received). Within Quickbooks, what is the most straightforward and simple way to account for these changes to the account balance? (Step-by-step instructions as I am still new to navigating the program.)