Where i pay for an item personally i can understand how to input the fact that the expense is incurred and paid by me. How does the system then record that the company now owes me a refund of this money incurred on behalf of the company. Secondly how do i record the payment of such a refund. Thanks
- When you select yourself or an employee in the payee drop down the system then knows a person has paid for it and applies the accounting logic.
- You’re reimbursed via payroll. When you pay yourself you’ll see the expense field is populated.