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October 5, 2022
Question

Hi everyone, can anyone tell me how i record transaction which have no receipt? My partner sometimes using the bank card accidently to buy odd bits in the shops for personal stuff, like shopping etc??

  • October 5, 2022
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1 reply

October 5, 2022

Glad to have you here in the Community, @LeighLanc.

 

Mixing personal and business funds isn't advisable. Since your partner accidentally used the business bank card to purchase personal stuff, you can create a check or an expense transaction in QuickBooks. Then, record a reimbursement to the company. Let me show you how.

 

Firstly, let's record the personal expense from a business account. Here's how:

 

  1. Sign in to your QuickBooks Online (QBO) account.
  2. Click the + New button, then select Check or Expense.
  3. Select a payee from the drop-down.
  4. Choose the bank account your partner used to make the purchase.
  5. Select the tax category that fits your need from the Category detail section.
  6. Enter the Amount of the purchase.
  7. Click Save and close.

 

Once done, you can reimburse the company by creating a bank deposit. 

 

  1. Click the + New button, then select Bank Deposit.
  2. Select the Bank Account to add the reimbursement to and choose the Date.
  3. Go to the Add funds to this deposit section. In the Received From field, enter the person who made the personal expense, then select the account.
  4. Select the Payment Method and enter the reimbursement amount.
  5. Click Save and close.

 

I'm adding this article for more guidance: Pay for personal expenses from a business credit card or bank account.

 

You may need to run and customise reports to view all your created transactions and/or business information in QuickBooks. This article will guide you through the steps: Run reports in QuickBooks Online.

 

You can always get back to this post if you need more assistance managing transactions in QuickBooks Online. The Community team and I are always here to help.