QB Issue Resolution:

Two companies mean two QBO subscriptions

Company A
create a liability account called due from B in company A chart of accounts
Pay the company B expense and use that liability account as the expense for the payment

Company B
Enter a payment to A in the amount of the expense paid and use the company expense account as the expense for the payment

Resolution for Issue 'We have two companies in QB. We paid for a service using Company A’s credit card, but the expense was recorded in Company B, because it was for that company. I’m entering the credit card statement transactions in Company A, but what account would I debit for the company B expense, and how do I record the payment in company B?' available: Yes (Solved).
Source: Intuit Community forum.

We have two companies in QB. We paid for a service using Company A’s credit card, but the expense was recorded in Company B, because it was for that company. I’m entering the credit card statement transactions in Company A, but what account would I debit for the company B expense, and how do I record the payment in company B?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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