Forum Discussion

10875406's avatar
13 days ago

Personal purchase on business debit card.

Hi,

I am sole trader, and have a business debit card.

I have made some personal purchases on this card, is that a problem?

 

Also now it shows on my myob transaction page as uncategorised.


In what category should i put these personal purchases?

 

I had seen that i could put the purchases in a suspense or drawings account, but i have no clue how to get them as i don't have that category.

 

Any advice or help would be greatly appreciated, thanks.

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator

    Hi 10875406,

     

    Every business is unique, and personal purchases won't be an issue for your business as long as they are accounted for correctly. It's best to consult with an accountant or financial advisor to code these transactions since providing specific financial advice is beyond our scope as forum moderators.

     

    Regards,
    Genreve