Allowances (reimburseable expenses)

Michael Downey 500mjdowney at gmail.com
Sun Mar 29 09:47:00 EDT 2015


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On 29 March 2015 at 11:52, Jill Terry <jill at babrees.co.uk> wrote:

> I incur costs throughout the year for a club, for which I am reimbursed,
> such as petrol or phone allowance.
>
> I have a current asset account (reimbursable expense) for those items paid
> out solely for the club - easy as I have an outgoing expense from bank
> account.
>
> But how do I deal with, say, mileage allowance received?
>
> Cheers
> Jill
>
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