Comments for Reimbursements

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Jul 13, 2011
How To Post Reimbursements
by: Anonymous

You can set-up a reimbursement expense passthrough account for expenses paid by an event planner that are to be reimbursed by clients.

The original transaction for expenses paid by the planner would be:

Debit Reimbursement Expenses
Credit Bank

The transaction for the reimbursement by client would be:

Debit Bank
Credit Reimbursement Expenses

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