accidentally paid for a personal expense with company credit card

Joholt

how do i reconcile in crunch? thanks

Earpot

Select “Accounts & Cards” and then click on “Upload a statement”. Choose the relevant bank account and upload the CSV file of your bank statement1. Crunch will analyze the uploaded statement. You’ll need to match the transactions in the statement with the entries in Crunch1.

Katie

Hi Joholt,

If you’ve paid for a personal expense with your business account, please reconcile this as a withdrawal. The money is then owed back to your company.

You can balance this out by paying the money back, offsetting it by paying for business expenses personally or declaring dividends.

Hope this helps!

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