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koshyckoshy's avatar
koshyckoshy
User
2 months ago
Solved

Accidentally made a personal purchase using a business credit card

Hi folks   Facts: I have a business credit card I accidentally made a personal purchase using this credit card. How do I account for it in MYOB? I've read through some posts, which I found qu...
  • DuncanS's avatar
    DuncanS
    2 months ago

    koshyckoshy 

     

    Do you wish to repay the personal expense?

     

      If yes,   use the Suspense Account

     

      If no,   use the Drawings Account

     

    Duncan

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 months ago

Hi koshyckoshy,

 

Thanks for your post. 

 

Your question is indeed valid. However, as forum moderators, we're not permitted to provide allocation advice. You could consider the suggestion provided by DuncanS or seek advice from an accountant or financial advisor for this matter.

 

Should you need further assistance or have other inquiries, feel free to start a new thread in the forum.

 

Thanks,
Genreve