Chosen by Asker

I would not try that without asking the company first, especially if you do not normally receive the statement and pay it yourself. If the company pays the card, how would you pay it without the statement, and that could raise questions that could cost you your job. Why wouldn't you use your own credit card(s)? If the answer is that you do not have enough available credit, you are already using too much credit.

by efflandt

4 weeks ago

Asker's Rating: 

Of course not. If you own the business, and pay for it with your own cash, it's fine.

by Bob- 4 weeks ago

It's not illegal, per se, but it could definitely be against company policy, and if it is, you could wind up being reprimanded, demoted, or fired. Check with your supervisor and find out whether it's allowed before you try to do it.

by rtfm- 4 weeks ago

ASSETS = LIABILITES + OWNERS EQUITY Assets = drawings aka, buying something with buisness credit card minus equity so if u spend money on your credit buisness credit card, your buissness loese cash which equals a loss in equity. simple Assets = Liabilites - drawings + equity + net worth (revenue - expenes)

by Joe- 4 weeks ago

No. Why would it be ILLEGAL? What CRIME is that??

by Ryan M- 4 weeks ago

depends, are you buying your family dinner then calling it a business meeting so you can have a tax wright-off. if so yes. If your just spending your own income from your own business then no. Excess expenditures on a company credit card can be grounds for removal. Better use your own just when spending solely on yourself becomes evident and obvious. gray area

by Andrew B- 4 weeks ago

Its based on company policy. If its your business, then Its ok.

by Clutch- 4 weeks ago

If you own the company then of course not but if you are not the owner then you could get in trouble.

by James- 4 weeks ago