Hello FrankPeterson!
There's a better way to record the business expenses paid with personal funds. Let me explain.
You can record the business expense paid with personal funds using a journal entry. Select the expense account for the purchase and enter the amount in the Debits column. On the second line, select Partner's equity or Owner's equity and the same amount on the Credits column. Then, tap Save and close.
Once done, you can simply create a check or expense transaction to record the reimbursement. Go to the + New button and select any of them. Just make sure to select partner's equity or owner's equity on the Category details section, then enter the amount. Select Save and close.
With regards to the transactions paid by the suspense account, you can delete them and follow the steps I shared instead. However, it's best that you discuss this first with your accountant to see what's best for your business.
I've added some links you can check. These will show you how to link your credit card account and categorize downloaded transactions, as well as how to handle a personal expense in a business account:
Keep on posting here and we'll help you. Take care always!
