Questions & AnswersHi Pete, I am looking for advice on business expense records. I have a bank account for money going into my business but as I am a startup I have not being paying for business goods etc. out of this account as there is not much in it. I have being paying for goods for my business in order to make a profit via Paypal which has my personal bank account attached to it. To record an expense do I add Paypal as a credit card and put my personal account number etc. in in and put the balance as zero?
kmmed asked 5 years ago

Hi Pete, I am looking for advice on business expense records. I have a bank account for money going into my business but as I am a startup I have not being paying for business goods etc. out of this account as there is not much in it. I have being paying for goods for my business in order to make a profit via Paypal which has my personal bank account attached to it. To record an expense do I add Paypal as a credit card and put my personal account number etc. in in and put the balance as zero?