Catagory for bank transfer to personal account for reimbusment
Hi – I purchased items for the business with my personal credit card, then I did a bank transfer from my business bank account to my personal credit card to reimburse for the business purchase I made with my personal credit card. Under what category (or do I create a new one) do I categorize the bank transfer, to my personal credit card for the business purchase reimbursement?
Lastly, you'll want to run expenses-related reports that can give you a quick view of your purchases and business expenses. Just go to the Reports menu, proceed to the Standard tab , and then select a report in the Expenses and vendors section.
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