Home Forums Money matters Book keeping questions

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  • #1000262
    CandyKid
    Member
    • Total posts: 2

    New to business here. I have a pty ltd company and accidentally bought myself a meal out with the company card (wasn’t paying attention and swiped the wrong one). What is the best way to account for this re book keeping?

    Any help would be great. It would also just generally help with my understanding of how all of this works.

    Cheers

    #1223618
    MattDell
    Member
    • Total posts: 52

    In my set of accounts via Xero I have a ‘directors loan’ category
    I allocate personal expenses to that
    Hope that helps :)

    #1223619
    Paul – FS Concierge
    Moderator
    • Total posts: 3,121

    Hi And Welcome to Flying Solo [USER=118178]@CandyKid[/USER] . It is great to have you!

    Thank you for joining our community and posting.

    Cheers

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