QuickBooks Online Recording Business Expenses paid for with personal funds

It happens to every business owner at some point. If you use a personal credit card or debit card to pay for a business related expense, you can still add it to your QuickBooks. You just need to add a journal entry.

Once the journal entry is created to reflect both the expense or purchase and the contribution made out of your personal funds into the business, your bookkeeping is now up-to-date.

You can do this if you are managing your QuickBooks on your own or you can share with your bookkeeper that you used your personal funds to pay for a business related expenditure.

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Worldwide Bookkeeping is a virtual bookkeeping service based out of Kansas City, serving clients throughout the United States. You can be located anywhere in the world and still get service like you were in the office with us!

We help business owners do more of what they they do best - running their business. We feel bookkeeping and accounting is such a huge part of the success your company has.

Our goal is to improve every clients' business. Whether you need help identifying expenses that can be cut or need help achieving the growth you're seeking, we work tirelessly with you in pursuit of that dream.

David Ono is a QuickBooks Certified ProAdvisor and has 13 years of bookkeeping experience.

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