I hope someone can help me here. My customer sends money to his worker who is a truck driver for gas to his personal bank account, after that the driver withdraws the money and pays for gas in cash. There is a record of transfer in quickbooks and cash receipt for gas. I am confused if I record both of it it will double the expense. How should I do it ? ANy help is highly appreciated ! Thanks
Create a cash type bank account named for the employee transfer the amount to that bank account when you get the fuel receipt, use that bank account to pay the expense
then if the receipt is for less than the transfer, the amount will carry over
Create a cash type bank account named for the employee transfer the amount to that bank account when you get the fuel receipt, use that bank account to pay the expense
then if the receipt is for less than the transfer, the amount will carry over
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