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STACEY-KLINE
Level 1

We receive fuel charges weekly. Some of the fuel is purchased by contractors and some by company drivers. How do charge the contractors their portion of the expense.

ie. 1st line of the expense is fuel purchased by co driver. 2nd line is fuel purchased by contractor 1; 3rd line contractor 2, 4th line co driver, 5 line contractor 1 and then there are fuel discounts for each of the purchases. My company pays for the full fuel bill and then charges the contractors their purchases of fuel. How is this best handled in QB online?

2 Comments 2
MsNorthPND18
QuickBooks Team

We receive fuel charges weekly. Some of the fuel is purchased by contractors and some by company drivers. How do charge the contractors their portion of the expense.

The way QuickBooks Online (QBO) processes each expense form may differ based on specific expense categories, Stacey.

 

You can create a separate form for each expense and record it as either a Check or an Expense for individual contractors. It's advisable to consult with your accountant before proceeding to select the appropriate account, ensuring your financial records are accurate.

 

You may find this article on running and saving a monthly expense report by vendor useful: Run and save a monthly expense report by vendor.

 

If you have more questions about managing expense transactions in QBO, please return to this thread anytime.

STACEY-KLINE
Level 1

We receive fuel charges weekly. Some of the fuel is purchased by contractors and some by company drivers. How do charge the contractors their portion of the expense.

I understand the concept of creating a check or expense for the fuel purchases from the Vendor that supplied the fuel.  What I am trying to find out is what is the best way to charge our contractors their fuel purchases when they use company fuel cards?  Do I create a Vendor credit memo or is there a more efficient way to utilize the Expense record to charge the contractor?  
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