How to code personal reimbursement

Question:

  I have incurred some personal expenses on the company credit card (to get AMEX points)... Couple of questions:

1. where is it best to reimburse? (do i reimburse from personal bank account to AMEX card or Macquarie account?)

2. What do I code to? Do I put all to suspense (both the debits and credits)?

Answer

For the coding, if a personal expense hits a bank account in Xero, please just code it to Account 1513 - "Director Loan 2020" with BAS Excluded and "James Castrission" as the contact. 

Any money you transfer in (whether it's off the CCard or in to Macquarie), also gets coded to that account 1513 - "Director Loan 2020"