Tracking business expenses from personal account
wiswp at niue.nu
Sat Feb 19 21:38:04 EST 2005
Sorry this should have been send to the list
I'm not quite used to my new iMac yet.
> On Feb 19, 2005, at 14:41, E Dodd wrote:
>> On Sunday 20 February 2005 12:31, you wrote:
>>> Why not record the expenses on the company's books and use a company
>>> to pay the credit card? The credit card company won't care where the
>>> comes from.
>> the object is to pay all the bills from my computer
>> currently i put them all in a loan account that the company owes me
>> and pay me
>> about once a month by electronic transfer
> Hi Liz
> I see it this way:
> You pay expenses , which are reimbursed by a company.
> You put that on your computer as a loan account ( IMO it doesn't
> matter what you call it.)
> Company reimburse you by electronic transfer.
> So far , so good.
> But you have to provide your company with physical evidence of those
> Company will deal with the expense account and possible tax.
> I don't think it is much different then any other expense, the only
> thing different is that you are in the middle.
> Greetings from
> /bill at 169 west , 19 south.
> Disclaimer: Any errors in spelling, tact, or fact are
> transmission errors
/bill at 169 west , 19 south.
Disclaimer: Any errors in spelling, tact, or fact are
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