Purchased a fixed asset with personal cash with partner

Let me help you record the purchased vehicle from your personal accounts for the business, Rockyh1969.

We can record the business expense you paid for with personal funds. Just follow the steps below:

1. Click the + New Plus icon. 
2. Select Journal Entry.
3. On the first line, choose the expense account for the purchase.
4. Enter the purchase amount in the Debits column.
5. On the second line, select Partner's equity or Owner's equity.
6. Enter the same purchase amount in the Credits column.
7. Press Save and close.

For the reimbursement, we can record the reimbursement as a check. Here's how: 

1. Click the + New Plus icon.
2. Select Check. Or if you're in the Business view, follow the steps to switch to the Accountant view first. Then come back to these steps.
3. Choose a bank account to use to reimburse the personal funds.
4. Select Partner's equity or Owner's equity in the Category column. 
5. Enter the amount to reimburse.
6. Press Save and close.

We can also enter the reimbursement as an expense. Let me show you how: 

1. Click the + New Plus icon.
2. Choose Expense.
3. Select a bank account to use to reimburse the personal funds.
4. Choose Partner's equity or Owner's equity in the Category column. 
5. Enter the amount of the reimbursement.
6. Press Save and close.

Feel free to check out these articles for additional guidance about these functions: 

• Mixing Business and Personal Funds
• Transfer Funds Between Accounts

Although, we would still recommend reaching out to your accountant for further advice on this matter. You can also save these articles in case you will need them in your future tasks: 

• Pay for Personal Expenses From a Business Credit Card or Bank Account
• How Credit Card Accounts Are Treated for Cash-basis Statements

Don't hesitate to reach out or reply to me if you need anything else with running your business in QuickBooks Online. We're always here to help with any QuickBooks-related questions and inquiries. You have a good one.