Best Payroll and Timekeeping Services in Desoto, TX

Despite your best efforts, there will be times when you pay for a business expense with personal funds, and that’s okay. Remember, the Golden Rule says these business expenses should appear in your business bank account. To do so, write yourself a check to reimburse the expense you paid with personal funds. This should be a separate check from your monthly salary.nnThe process for reimbursing yourself should be the same as for employees. List the expenses along with the date, vendor, and purpose on a spreadsheet and attach the receipts. Your business then writes you a check for the exact amount. While this is a bit of a hassle, it will guarantee your bookkeeper deducts the expenses since they were paid with a check from the business account.nn#accountingtips #rfs #smallbusiness...