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May 31, 2021
Question

how to record a company credit card account and transfer the account as a personal account to the officer

  • May 31, 2021
  • 1 reply
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1 reply

Angelyn_T
May 31, 2021

I'm here to take care of your concern today, @lnakihamgmailcom.

 

To record or set up your company's credit card account, you can go to the Chart of Accounts window. I'll guide you on how.

 

  1. Open your QuickBooks Online (QBO) account.
  2. Click on Accounting at the left pane, then tap on Chart of Accounts.
  3. Hit on New.
  4. Set your account from the Account window, then hit on Save and Close.

 

Here's how you can learn more about handling your bank or credit card accounts in QuickBooks Online.

 

Regarding your second concern, are you trying to transfer funds from the business to your personal account? If so, I recommend checking out this link on how to do the process: Transfer funds between accounts.

 

Moreover, you can review the instructions from this link to know more about recording business expenses made with personal funds: Pay for business expenses with personal funds.

 

If you want to delete or remove an account from your record in the future, you can also use this article as your guide: Delete an account on your chart of accounts in QuickBooks Online.

 

If you have any other follow-up questions about handling your credit card or bank accounts, please let me know by adding a comment below. I'm more than happy to help. Have a good one!