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K
kelper62
November 21, 2023
Question

PER DIEM CARDS

  • November 21, 2023
  • 2 replies
  • 0 views

We are using Visa Per Diem cards thru Dash Solutions for employees who travel out of town.  I have to transfer funds from my bank to our Dash Solutions Per Diem account.  My question is how do I enter this transaction?  Is Dash Solutions a vendor or do I list as a bank account?  I'm not sure what to on this one.  Thank you in advance if you have the solution!

 

2 replies

J
JanbonN
November 21, 2023

Hello there, @kelper62. I'm here to share some information on how you can record your transactions from Dash Solutions.

 

You can either record it as a bank or as a vendor. The way you record it will depend on the option you choose. It's best to consult your accountant on how to record these transactions accurately.

 

Additionally, here's an article on how to match your bank feed and accounts in QuickBooks Online: Reconcile an account in QuickBooks Desktop.

 

Return to this thread if you have a follow-up question about recording your transactions. I'll be happy to help you. Keep safe!

Rainflurry
Rainflurry
November 21, 2023

@kelper62 

 

I'm not sure who marked your question as solved.  It isn't, is it?

 

Do you want to expense the entire amount used to fund the Visa Per Diem cards as a per diem expense or do you want that amount listed as an asset so that you can use it to pay for the expenses that the employees will report?  

 

  

K
kelper62Author
November 21, 2023

I want to use as per diem only.  The employees will not be reporting expenses.  What do you suggest?

Rainflurry
Rainflurry
November 21, 2023

@kelper62 

 

As long as the per diem amount is non-taxable, record the transfers as Per Diem Expenses.  Create Dash Solutions as a vendor and then either write a check/record an expense and assign the Per Diem Expense account to the check/expense and you should be all set.  Hope that helps.   

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