What is the best way to record/import director expenses, which are VATable & reimbursed from the bank account on a monthly basis?
And for these to be detailed in P&L.
Welcome to the Community. I'm here to help share information about recording expenses in QuickBooks Online.
When entering expenses in QBO, you can either create a Bill, Expense, or Cheque for the transaction. To know more on the difference between these types, I recommend checking out the article I recommend on this:
For your question concerning which are VATable, It would be best to seek expert advise from an accountant or directly to your agency. They'll be able to guide you further on which VAT and accounts to choose for those expenses you want to record.
In case you need to reach out to our QuickBooks Support Specialists, feel free to reach them through these steps:
Log into your QuickBooks account.
Click the Help option in the upper-right corner.
Click the Contact us hyperlink.
As always, I'm available for any additional questions or concerns about the expenses. I'll be right here to assist.