I am trying to figure out how to add legal disbursements into quickbooks. Here is the situation. When we provide a service to a client, our account includes legal fees and disbursements. So a legal account of $2000 is actually, for example, $1,500.00 legal fees and $500.00 disbursements.
When quickbooks pulls in the deposit from my bank of $2000, it is all recorded as income. I want to add the disbursements or do whatever needs to be done in quickbooks so that it brings the income down to $1500. At the same time, I don’t want the $500 disbursements to be added as an expense because the actual disbursements were already input into quickbooks when I paid for these disbursement through my link bank account/credit card.
How can I adjust for this so my books are accurate?
