Last year, I accidentally charged $67.13 in dog grooming supplies to a corporate card. The appropriate accounting remedy is for me to repay this amount to Phacility.
- Doing this via ACH from Bank of America incurs a $3 cost for a 3-business-day transfer.
- I could have Bank of America print and mail me a check for free, which I could e-deposit into the corporate account after I physically receive it. However, this is ridiculous and would also take about 3 days.
It's both cheaper and faster to invoice myself and pay with a credit card. Phortune technically supports this (or supported it in the past?) but it has never been a formal workflow.
Ideally, this should be completed before 2022 to reconcile the books.