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February 26, 2022
Question

Entering Sole Proprietor expenses from personal credit card paid by wife's account

  • February 26, 2022
  • 1 reply
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My husband is a Sole Proprietor. He uses his personal credit card to pay for company expenses like his cell phone and a couple other things because they are on auto pay. I have my bank account set up so that on pay day, it auto pays those amount onto the credit card (so it pays them off). How do I enter this into quickbooks? I tried but it just doubled the amount instead. What am I doing wrong?

1 reply

February 28, 2022

Hi Stephyloo.

 

Easily tracking your expenses is one of the ways QuickBooks Online helps make your business life a breeze. I'd be happy to help you with getting your expenses paid with personal funds entered.

 

Generally it's not recommended to use personal credit cards or other payment methods for your business expenses but sometimes these things are unavoidable. When it comes it entering and paying your company expenses with a your own credit card I recommend following the steps in this article.

 

I also suggest reaching out to your accountant if you wish to make these entries another way as they are trained in how to do this. If you don't have an accountant no worries. You can find one in your area by going to My Accountant>Find a pro to help.

 

If you have any questions let us know and we'd be happy to help.