USA Business and Personal Credit Card Expenses

Joined
Feb 10, 2018
Messages
1
Reaction score
0
Country
United States
My client is a self-employed artist with no employees. She has several credit cards and uses them for both personal as well as business purchases. I'm trying to figure out how to properly account for all of the transactions using QuickBooks. My thoughts are to separate each purchase to the appropriate expense (ie: business or personal) and record all credit card payments to credit cards payable. Should I be entering these expenses in under "Vendors" or should I create a credit card account instead?

I've already started entering everything for the past year into the Vendor Center, but I will go in and switch to a Credit Card account if that is more appropriate.

Please let me know your thoughts as well as any other information needed. Thank you.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Top