This is a discussion you need to have with your CPA. Involved are the
following questions:
1. Is this a sole proprietorship? Partnership? LLC? Corporation?
2. If a sole proprietorship, will the accounting be done in your
personal books? Or do you need a separate set of books for the business?
3. Will the business refund you or are these your own expenses?
Only your CPA can guide you correctly.
--Steve
Stephen M Butler, PMP, PSM
stephen.m.butle...@gmail.com
kg...@arrl.net
253-350-0166
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GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8
On 1/24/23 11:18, Joel via gnucash-user wrote:
Hello Gnucash, We are trying to figure out how to enter into gnucash the
initial expenses or startup cost for the business we have been putting on our
personal credit card to start this new business.
Thank you in advance for your help.
Taneshia and Joel
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