Tracking business expenses from personal account

Derek Atkins 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.
>>
>> -derek
> 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.
:-)

> Liz

-derek

-- 
       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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