Define base rule for revenue for reimbursed expenses B (Base) B (Base) + creates a credit to the Reimbursed Expense account Define a reallocation rules for the Cost of Goods Sold account R (Revenue) - creates a debit to the Inter-Company Receivable account Define a reallocation rule for the...
1、说话者在文章中间部分所说的You’ll need tohave it sent to me as soon as possible in order toget it reimbursed.可以得知,他是在拜托西蒙给他缺少的收据。2、以I’m sorry开头的句子成为问题关键点的时候要多加注意。通过文章后半部分的I’m sorry to tellyou that according to～,any expenses ...
aI don\'t want to ask GG\'s accounting department to get reimbursed (i.e., ask clients for the money) for expenses GG paid on behalf of clients. This should a normal Accounts Receivable function to collect this money for the company that should be handled by the accountant. The last ...
Employees who spend money on behalf of your organisation are often reimbursed through payroll or as a separate payment. There are several ways to do this. Note that we are referring to Reimbursement, so it is assumed these Reimbursements aren’t taxable for the purposes of this help note which...
I have always put it under Expenses/Bank Charges. It's an in-and-out by the bank and not really a business expense, and it nets to zero. 2 Reply jeff-williams Level 1 April 06, 2019 07:24 PM Okay, thanks for the help. I will consider that. This one wasn...
Level 1 Latest badges earned View All Replies Posts Hello, What if the original expenses you reimbursed the s... Hello, What if the original expenses you reimbursed the subcontractors for are considered part of your co.'s Cost of Goods Sold, and you are seeking reimburseme... ...
Terms Similar to Revenue Revenue is also known as sales. Related Articles Record Reimbursed Expenses as Revenue Revenue at Gross or Net Revenue Recognition Criteria Revenue Recognition Methods When are Revenues Earned?Revenue Share Revenue management definition Petty cash receipt definitionAccounting...
expenditure amounts exceed a certain minimum amount. The employer examines the submissions for accuracy and validity, and pays employees the requested amounts. The employer can then record the reimbursed amounts as a business expense, which factors into the amount ofaccounting profitandtaxable profit...
received but has not yet paid for. These amounts owed are also referred to as accounts payable. The difference between payable and liability is that accounts payable is a type of liability, but there are other types of liabilities as well, like payroll expenses, according to Harvard Busines...
also create cash flow challenges because services firms typically bill labor costs according to customized contract terms, which can differ from the schedules that firms pay their resources. As a result, firms could find themselves paying for resources well before those costs are reimbursed by ...