- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Other Questions
Hello BookBee,
I know these kinds of transactions that can mix business and personal funds can be tricky, so it's great to see that you're looking to clarify how to work with them in QuickBooks Online. I can point you toward a resource that may help with sorting this out so that you can get back to the books.
First off, I'd like to note that I see you've commented previously in the US QuickBooks Community. Where we are right now is the Canada QuickBooks Community, so if you're looking for help with the US product, I recommend popping back over to the US side to make sure you get the right steps for your QuickBooks. There are some differences between the products, so it's best to make sure you're working with the correct team.
If you are working with the Canadian version of QuickBooks Online, I have the following article to share with you: Pay for business expenses with personal funds. I know there may be certain ways that owner's funds have to be considered, but I still recommend taking a look at this article to see if what's described would be useful for your needs.
Other bookkeeping and accountant users may still comment on this thread with their recommendations, so keep an eye out for that as well! It may also be worth checking in with any colleagues you have to see if they've worked with QuickBooks Online and this sort of transaction in the past.
I hope this has been helpful! Have a great day. :)