: How can separate businesses account for shared expenses? I have an LLC which holds two separate DBAs. Each business has its own checking account. Most expenses are distinct, but some, like office space and internet are shared

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You could use a monthly reimbursement check (or electronic bank transfer) from one company to another and split it as negative expenses (rebate) per category. For example,

Company A:

Deposit Withdrawal Account Memo
0 Internet For A and B
0 Rent For A and B
0 Gas/Electric For A and B
0 -- Split -- Reimbursement from Company B
Internet
Rent 0
Gas/Electric

Company B:

Deposit Withdrawal Account Memo
0 -- Split -- Reimbursement Payment to Company A
Internet
Rent 0
Gas/Electric

Note you don't actually have to do this monthly. You could true it up quarterly or even annually if you wish.