In this QuickBooks tutorial, you'll learn two different ways to record business expenses that were paid personally.

In the first method, I'll show you how to enter the transactions as a Journal Entry in the Owner's Investment account. In the second method, we'll be using a Petty Cash bank account and entering the transactions as expenses.

Read the blog version with stepbystep instructions and screenshots at: https://www.gentlefrog.com/howtorec...

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Timestamps
00:00 Intro
00:28 Connecting your personal bank account to QB
00:38 Method #1: Owner's Investment Journal Entry
02:15 Method #2: Expense in a Petty Cash bank account
04:22 Pros of using the Petty Cash expense method
05:25 How to find transactions when using the Journal Entry method
06:54 Outro

#quickbooksonline #bookkeeping

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