2. How do I record employee personal items bought on a company card?

"How do I record employee personal items bought on a company card?"

When an employee buys personal items on a company credit card, it's normally recorded as a: "Benefit-in-kind"

To record a benefit-in-kind when an employee buys personal items on a company credit card:

1. First, tap: MenuExpense claim
2. Select the person who used a company credit card to buy personal items.
3. Then tap: Benefit-in-kind
4. You can attach an image, like a receipt, or tap: Skip image
5. Type in how much was spent by the employee.
6. Set "Arranged by" to "Employee", and tap: Next
7. Next, type in a short description of what was purchased, and tap: Next
8. And because it's a payroll admin who's entering it, the expense is automatically approved.
9. Now, to see how it shows up on the person's payslip, scroll down and tap: See on payslip
10. And when you hover your mouse over the "Benefit-in-kind" amount, you'll see the details.
11. And finally, you'll know that the purchased items' value is being correctly recorded and taxed.

Keep in mind that:

• Recording an employee's personal items purchases applies equally to those done with a company debit card, or other company charge card.
• Also, it applies equally whether the company approved of the purchase or not.
• However, in most cases, the employee's company credit card purchase was for approved business purposes, like business travel, and not for personal items.
• For any business related purchase, using a company credit card, nothing needs to be recorded in their payroll.

To learn more:

• About which purchases are exempt, go to GOV.UK.

And that's it! That's everything you need to know about what to do when an employee buys personal items on a company credit card!