Forum Discussion

10875406's avatar
10875406
2 months 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 ...
personal purchase
  • Genreve_S's avatar
    Genreve_S
    2 months ago

    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

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 months ago

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

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