Business Purchases on personal card

Question

We pay for a lot of our materials using personal card because of the ff points. I have just moved to myob and am unsure how i can enter these into the system. I don't want to link my personal card into myob but I would like to be able to import the details. Is this possible or will i need to enter them against credit card account/category manually via spending for each item? Or is there another way. I know i do need to get a seperate card for this to make it easier.

earl_hd · Answer

Hi Simone,In this type of situation, we recommend reaching out to an accountant for an accurate solution. However, to give you more idea on how to manage personal card expenses in MYOB without linking your personal card, you will need to manually enter each expense by creating a spend money transaction for each item. You can create a separate credit card account in MYOB to track these expenses, keeping personal and business expenses separate. If you are reimbursing yourself for these expenses, you can create a reimbursement transaction.Regards,Earl

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Business Purchases on personal card

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