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October 25, 2021
Question

How to record received money from client for third party?

  • October 25, 2021
  • 1 reply
  • 0 views

Hello,

 

How can I correctly record the following case on OQB:

I receive a bank transfer on my business bank account from a client. I use this money to pay for the client his Facebook Ads invoices using our corporate Credit card.

Any help please?

1 reply

October 26, 2021

Hi mhtaha,

 

It's nice to see you reaching out to Community.  This is a very good question!  It's vital that you record the transactions accurately when using your corporate credit card in these types of situations.  QuickBooks Online has several ways to record the different steps involved.  For this, I'd recommend reaching out to an accountant for the best course of action as each item will have a different affect on your books.  If you don't already have an accountant we can help you find a ProAdvisor in your area.

 

Please feel free to reach back out if you have any other questions or concerns.  We're here to help!