I have used my business card for personal use and want to do the bookkeeping on the payment and refund.

Good day, opus1956.

I'd love to share my knowledge about entering the abovementioned transaction into your QuickBooks Online (QBO).

First, we have to enter the following transactions in your company file. Since this is coming from your personal funds, let's record this by creating a Journal Entry (JE):

Here's how:

1. Go to the + New icon.
2. Select Journal entry.
3. Choose the expense account for the purchase on the first line.
4. In the Debits column, enter the purchase amount.
5. Choose Partner's equity or Owner's equity on the second line.
6. In the Credits column, enter the exact purchase amount.
7. Select Save and close.

Once done, proceed with recording the refund; either you enter the reimbursements as check or expense. You can do that by referring to the steps under Step 2: Decide how you want to reimburse the money in this article: Pay for business expenses with personal funds.

Furthermore, you can directly refer to your accountant when categorising these types of transactions. This way, we can ensure that the transactions are added to the correct account. Once done, here's a handy article for your reference when reconciling an account in QuickBooks.

Tap me if you have more questions about categorising transactions. I'll be around the corner to lend a hand for help. Have a good one!