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June 5, 2022
Question

How to record home office expense (rented ) paid with personal

  • June 5, 2022
  • 1 reply
  • 0 views

Hello all,

I used CRA calculator for work space using this link   after calculation I got 20% used from current home.

 

Now, how do I record these into QuickBooks properly since the transaction was paid with my personal checking account as the payment is pre-authorized? 

 

all what I need is I want to do data entry for this. 

 

Thanks in advance.

1 reply

June 6, 2022

Hi MGElement,

 

Welcome to the Community. QuickBooks is a powerful program that helps you manage your work with peace of mind. I'll be glad to share more info so you're on the right track with your work.

 

Making sure you're recording your transactions properly is an essential step for maintaining clean books. To ensure accuracy in your books, I recommend reaching out to an accounting professional for expert advice on this. If you're not in contact with a professional, don't worry, you can search for one using this link here

 

I'll also leave this question open in the Community so other accountant users can share their advice. Otherwise, feel free to ask other questions, I've got your back.