» Is It Okay To Use Paypal To Pay For Business Expenses, Instead Of My Business Bank Account?

Is It Okay To Use Paypal To Pay For Business Expenses, Instead Of My Business Bank Account?

The revenue for my business will go into PayPal, before being transferred to my business bank account. However, I also want to use some of that revenue in PayPal to pay for business expenses, due to convenience. So is it okay to use part of my revenue to pay for expenses, before it actually enters my business account? Or does it have to be that the expense is debited DIRECTLY from the business account, to count as an expense for tax purposes? Thanks in advance

下一篇: How Do I Transfer Funds From My Credit Card To My Paypal Account?
上一篇: Hello, Paypal Is Holding Some Of My Money Through What They Call Is Minimum Reserve?
"Is It Okay To Use Paypal To Pay For Business Expenses, Instead Of My Business Bank Account?" was posted on Tuesday, December 8th, 2009 at 10:33 pm.

“Is It Okay To Use Paypal To Pay For Business Expenses, Instead Of My Business Bank Account?”下有2 Responses条评论.

efflandt(2009-12-09):

You just need something to verify the expenses. If you pay for something using PayPal, you should be able to print a receipt.
zeuz(2009-12-09):

You can do whatever you want. You’re only creating a bookkeeping hassle for yourself.

发表评论