Skip to main content
Oct 16, 2018 1:11 AM UTC
Solved

How do I reimburse the company is someone uses the company card for a personal expense?

The company card was accidently used to purchase an airline ticket. The person needs to reimburse the company. How do I do this so QB is reconciled and the amount is deposited correctly and not received as income and the purchase is not shown as a business expense? 

qbteachmt
qbteachmtAnswer
Oct 16, 2018 1:11 AM UTC

The entry is posted to Other Asset as employee loan. This is not expense or income.

The repayment is a deposit to Other Asset, to show you got repaid.

1 reply

qbteachmt
qbteachmtAnswer
Oct 16, 2018 1:11 AM UTC

The entry is posted to Other Asset as employee loan. This is not expense or income.

The repayment is a deposit to Other Asset, to show you got repaid.