🔥 Bookkeepers, Let’s Talk About That “Personal” Credit Card Used for Business 🧾💳

In this sizzling episode of Bookkeepers on Fire, we tackle a classic hot mess:

A client uses personal credit cards mainly for business expenses—and pays them from the business bank account. Sound familiar? 😅
Here’s what we covered:
📌 Don't Call It Owner’s Draw – If it’s a business expense, treat it like one. The credit card payment should reduce the liability, not become an equity withdrawal.

🧠 Track It Like Business – Set up the card as a liability in your chart of accounts. Call it “Personal - AMEX” if that helps, but treat it like any other business card.

 📊 Debits & Credits Rule – A little T-account action never hurt anybody. Follow the trail: Expense → Liability → Payment. That’s how you avoid the mess.

💥 If you’re sweating over how to categorize payments like these, this episode is your fire extinguisher.

📬 Drop your burning bookkeeping questions in the comments!

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