How to record employee expenses and reimbursement


B

bigtowntim

The first 12 transactions for my company were employees using their personal
credit cards for business expenses. I then signed a client, received a few
payments, and I have cut my employees checks to reimbuse them for their
expenses. All I've done is set up 3 employees in Office Accounting so far.

How do I:
1. record each of those 12 expenses
2. reimburse the 3 employees (1 employee, receiving 1 check for 5
charges), (1 employee, receiving 1 check for 4 charges), (1 employee,
receiving, 1 check for 3 charges)

Thanks!
 
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P

PK

When you go to Employee -> Reimburse Employee, it'll ask you to select the
employee and record expenses. Select an appropriate employee and record
expenses accordingly. In your case, you'll create three employee
reimbursements - one with 5 expenses, one with 4 expenses and one with 3
expenses.

Thanks,
PK
 
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B

bigtowntim

Thank you PK. That does lead me to 2 more questions.
1. When listing the expenses on the Reimburse Employee page, am I supposed
to add a new financial account for each expense? If so, would these be
considered "Current liabilities" on the balance sheet, as a pop up window
comes up asking me to choose, or do I just leave "Expense" selected?
2. On the main employee page, it says "Expense account." If my employee
was paying via his personal credit card, do I select add a new financial
account/credit card, or do I just leave "Expense" selected?
 

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