I purchased a storage container on my personal card for my business inventory. I don't have a business credit card so that's why it went on my personal card. It was $2,600. Am I able to claim it as a business asset and make monthly payments for it through my business bank account?
I have a interest free payment plan setup with my personal card for 18 months so its a fixed cost each month that I was hoping to pay from the business.
If I am able to do that, how would I categorize the monthly payment in QB?
Single member LLC if that changes anything.
