So glad to have found this forum. Here's my situation/question.
I would like to know the proper accounting to keep books "clean".
I purchased gift cards on my wife's business credit card. I used those gift cards at a store to buy snacks for another one of our small business. We have a snack bar on property.
I paid my portion of her credit card from my bank account and this is where I think I went wrong. Should I have written her a check? Also, what account should I use in QuickBooks? Need to show how much is spent on snacks quarterly/annually?
We are structured as an LLC. Need to get this right.
I thank you in advance for reading my post.
I would like to know the proper accounting to keep books "clean".
I purchased gift cards on my wife's business credit card. I used those gift cards at a store to buy snacks for another one of our small business. We have a snack bar on property.
I paid my portion of her credit card from my bank account and this is where I think I went wrong. Should I have written her a check? Also, what account should I use in QuickBooks? Need to show how much is spent on snacks quarterly/annually?
We are structured as an LLC. Need to get this right.
I thank you in advance for reading my post.
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