In QBO (not self-employed) How does a c corp make an entry for an employee's meal expense (for potential future client) so that only 50% is posted to the P&L? The employee was reimbursed 100%. (i.e) employee paid $80 for business meal but only $40 should be posted to P&L--what is the entry?)
Thanks for reaching out to the Community. I hope you're enjoying the day so far.
Many businesses record these expenses in different ways, such as using subcategories. I recommend reaching out to your certified accountant for the best advice based on your business. If you don't have an accountant, don't sweat. You can find one here in our Resource Center.
In the meantime, feel free to check out a similar thread that our Community champs have responded to in the link below.