Reconciling a payment and refund error
We accidentally used the corporate credit card to purchase a personal item. When we realized that, we deposited personal funds to replace the above. Under what heading to we put the wrong purchase,...
Forum Discussion
Hi Jem,
Thank you. We looked over the article you suggested, but we still do not know where to place those two items, the personal purchase made with the company card, and the deposit back into the account. So yes, we still need further assistance.
Thank you.
Lynette and Zane
Hi lynettemalone,
I can see that you are still unable to link a category in the chart of accounts. To use an account for 'banking' purposes, you need to classify its type as 'Bank' if it is in the Assets tab or a 'Credit Card' if it is in the Liability Section. You may create a liability category under the chart of accounts to link it to and put NT as the tax code.
You may check out this helpful link for adding a category under the chart of accounts. Alternatively, if you need immediate assistance, you may ask MOCA, our virtual assistant, by clicking the chat bubble at the bottom of any help page and ask a question. If MOCA can't help, you'll be guided to our other support options, including live chat.
Cheers,
Jem
