Tracking business expenses from personal account
warlord at MIT.EDU
Mon Feb 14 21:21:06 EST 2005
E Dodd <edodd at billiau.net> writes:
> On Tuesday 15 February 2005 10:05, Derek Atkins wrote:
>> This is what the "Employee Expense Voucher" is for. When you use your
>> own personal funds to buy something for the company you can fill out
>> the voucher and it gets applied to A/Payable (A Liability account).
>> This way you can keep track of how much you owe yourself using the
>> aging reports.
> It's all so simple when you know what you are doing. I think I'll start that
> next financial year.
Hehe... We need to get this down into the docs so the lore isn't lost.
Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
Member, MIT Student Information Processing Board (SIPB)
URL: http://web.mit.edu/warlord/ PP-ASEL-IA N1NWH
warlord at MIT.EDU PGP key available
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