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February 18, 2024
Question

If I always cash app my wife money each month to pay bills. how would i categorize this?

  • February 18, 2024
  • 2 replies
  • 0 views
Original commenter did not share additional details

2 replies

February 19, 2024

Assuming you are paying business expenses, each would be recorded to expense accounts based on the type of expense. For example, account 6000 for EE Health Insurance, 7000 Office Rent, etc.  Not sure why you would be sending cash to your wife for these expenses vs. sending payments to vendors providing services.

February 19, 2024

@bernardwebb4530- 

Do you need to reimburse the payment from your business account to your wife?