Meet the Other Phone. Flexible and made to last.

Meet the Other Phone.
Flexible and made to last.

Buy now

Please or to access all these features

Work

Chat with other users about all things related to working life on our Work forum.

Any Accountants/Bookkeepers there?

2 replies

emmy56 · 27/01/2011 09:45

Not really an employment issue, but would be grateful for any help.

If someone is contracted out from a limited company for a couple of months...

And the company they're contracted to agrees to pay expenses for travel...

Employee pays for it with his personal credit card, our company invoices the client he works for. Client pays company and company then pays employee.

How to I record this in our books? Does it count as sales income?

Probably a very naive question, and books will be checked by someone qualified at some point, but am just making the entries and hoping to get them right.

Any help much appreciated.

OP posts:
MaeMobley · 27/01/2011 19:12

Hello, I would put it to Sales Income but with a subcategory/ description of Reimbursed Expenses.

emmy56 · 27/01/2011 20:16

Thank you Mae, that's a great help.

OP posts:
New posts on this thread. Refresh page