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djdsld2021
June 5, 2023
Question

Bought equipment on my business credit card for my daughter's sole proprietorship business

  • June 5, 2023
  • 1 reply
  • 0 views

How do I post the transaction for the equipment I purchased through my business credit card for my daughters sole proprietorship business? I have the Invoice of the equipment purchased. She needs to pay me back for the amount of the Invoice for the equipment.

How do I correctly post this in QuickBooks?

1 reply

T
Trish_T
June 5, 2023

Hi djdsld2021,

 

Welcome to Community!  QuickBooks Online provides the features you need for all of your bookkeeping goals.  It's important that you're able to enter the expense and track the payments accurately, to ensure a positive outcome in your books.  In this situation, I recommend speaking with an accounting professional for their expertise and best course of action.  If you don't have an accountant, we can help you locate a ProAdvisor in your local area.

 

If you have any other questions, please reach back out.  We'd be happy to help!

 

 

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