My situation is a bit different.
Owner provided a personal CC for the company and dedicated it to the company.
There were charges on the CC that he made and paid for with his personal funds to bring the CC to zero. No reimbursement needed.
However, in order to reconcile the cc my bookkeeper entered all the personal transactions and paid those transactions from the "suspense" account, in order to reconcile and get an accurate balance.
How do I clear that suspense account as she was just entering the transactions administratively so she could reconcile company charges to the cc? Again it's a company cc and not used for personal transactions.
thank you.
