Stock/Inventory Management

[Tut]

@Brucanna

If you are using the Capital Accounts tab then the Partners will be automatically listed Expense Claim Payers

This is a slight misstatement. In the situation described, partners will appear under the Members type when creating an expense claim, not Expense Claim Payers. The results will be as stated. The Guide referred to is below:

Use expense claims

Expense claims record expenses incurred by people on behalf of the business. These can be of two types: Actual expenses paid with personal funds that, in other circumstances, could have been paid directly with company funds and posted to appropriate accounts. Examples include: travel expenses for company business charged to an individual’s credit card, cash purchases of office supplies, or materials bought locally out of pocket on an emergency basis to finish work at a customer’s site. All…

The Guide also explains how and why you might set things up so partners were in more than one category.

But I disagree in general with the advice to record withdrawal of inventory for personal use via an expense claim. Expense claims record payment of company expenses from private funds. These circumstances do not involve any payment. A straight journal entry seems more appropriate.