Hi All,
I sort of thought i had figured out with help of Aweb ..recording of payments made to reimburse the expenses made on behalf of company.
But i am lost again.
The Manager.. who charges fees for management of this Property Development pays from his Personal Acount or Credit Card for various expenses on behalf of the Client/company. and reimbursed from the company accounts.
So i created a Cash /Credit Account in the Bank Accounts Section and made payments from there. Then I made the Payments from Bank to the Account for reimbursement.
Now when i check the Total of Payments monthly, the payement is seen twice making the total payments increase by reimbursed amounts. which is wrong for the total payments made. Should it not appear once.
Why am i not getting the correct figures? Or am i doing wrong with the VT + .?
Can anyone here guide me the right steps with VT + and reimbursements of expenses.
Many many thanks in advance.
