Bookkeeping basics
I used my personal card by mistake
How to record it so your books stay clean.
It happens. Here's how to record it so your books stay clean.
- It's still a business expense, so it belongs on your books.
- Record it as paid by you personally (an owner contribution), rather than from the business account.
- Pay yourself back from the business when you're ready (a reimbursement).
Ask the assistant if you're not sure how to code it — this is a common one.
What happens next — the expense is counted, and your accounts stay accurate.