Allowances (reimburseable expenses)

Alice Lee alee212007 at satx.rr.com
Mon Mar 30 18:49:53 EDT 2015


Since you do not have to report this anywhere, you would just debit cash and
credit an owner's equity account.

-----Original Message-----
From: gnucash-user
[mailto:gnucash-user-bounces+alee212007=satx.rr.com at gnucash.org] On Behalf
Of Jill Terry
Sent: Sunday, March 29, 2015 5:53 AM
To: gnucash-user at gnucash.org
Subject: Re: Allowances (reimburseable expenses)

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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