QBT - You made a big deal about how they must use CC Liability function, but don't see those entries here, nor the actual cash entries. Doesn't QB entry for CC transactions automatically hit CC Liability on Co. A? Your entry refers only to Asset accounts on Co. A and on Co. B they would need to record that liability B4 they can pay it back, right? Also, do you really suggest they record a fake bank deposit, when the actual payment was made directly to AMEX? Not questioning your recommendation, just the consistency from earlier post that I was trying to follow here. Unless I missed something in the details, they both had same situation, where the only difference was what the AMEX charges were for, where one was for a computer purchase and one was travel expenses, as noted in the example entry I posted here. However, as long as they understand your entries, that is what matters, no need to explain to me since I know the entries to do.
