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AHerren
March 23, 2020
Question

How do I add business expenses from receipt captures that were paid with personal funds? What account do I "credit"?

  • March 23, 2020
  • 1 reply
  • 0 views

The owner has added several receipt captures that represent business expenses she paid for with her personal funds.  She does not need to be reimbursed.

 

How do I add these business expenses from the receipt captures that were paid with personal funds?

 

What account do I "credit"?  I chose "Owner's Investment" but it keeps telling me "something went wrong.  you need to select a different type of account for this transaction?"

1 reply

Anna S
Anna S
March 23, 2020

Good evening, @AHerren.

 

I hope you're having a great week so far. You can add business expenses from your receipt captures in the receipt tab. Just navigate to the For Review tab and select to Review, Add, or Match the expenses. 

 

 

I also suggest reaching out to your accountant to figure out what account you need to "credit." They'll can tell you what account to choose for the transaction, so your books are correct. 

 

I'm only a hop, skip, and jump away if you have any other questions. Enjoy the rest of your week!

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