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Reimbursements as Income in QuickBooks Online
QuickBooks Training & QuickBooks Consulting. Best rated in Miami & Broward By Hector Garcia On July 21, 2015 · A significant feature in QuickBooks Online (QBO) is the ability to track expenses for a customer so they can be easily invoiced to that customer. There are a couple of ways to handle the accounting. QBO has several settings that allow you, the QBO user, flexibility in the way you would like to handle these transactions in your QuickBooks file. Let’s say you incur travel expenses on behalf of a customer and intend to invoice that customer for those expenses. Those expenses can be credited back to the original expense account where the travel costs were posted. This would result in a net zero expense. $500 travel expense...Read Moreaccountantvip