Record expenses reimbursement

Question

Hi all, How do you record a reimbursement on expenses paid from a personal bank account? I have a personal bank account, so I've created a transfer, but then reconciliations are a mess. Do I set up my self as a supplier and create an invoice? Im grateful for any suggestions! 
 
 e/

Steven Kay · Answer

Hi Eva, 
 Thanks for using Community Hub. 
 The best way to do this would be create a bank account on Sage that relates to your personal bank account. 
 Pay your expenses using the personal bank account. 
 Then to record the reimbursement, do a bank transfer from your business account to your personal account on Sage. 
 That will show your business account reimbursing you the money, and show that the expenses were paid from your personal account. 
 If this helps, please select Verify Answer. 
 Regards, Steven Kay Sage UKI

Sage Accounting UKI

Record expenses reimbursement

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