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some of the marketing personnel visit to various cities for marketing and promotion of business and sometimes the pay visiting expenses from their own pocket which becomes a liability to company to reimburse that amount. How can I record that expense in QBO using liability account of that employees as a payment account.
Hello, clubretreatvineet.
It's nice to see you here in the Community space. I know a way to record expenses using the liability account in QuickBooks Online.
If your employees spend their funds on business-related expenses, you'll have two options to reimburse them. You can issue a check or expense transaction if you want to pay them immediately. Otherwise, you can create a journal entry if you wish to record the expense first and pay them later.
These are the steps using a Cheque or Expense:
Here are the steps for Journal Entry:
For your reference, you can review this article: Reimburse an employee.
In addition, I've added this resource for future reference in case you need to track bills and record payments from your supplier: Enter bills and record bill payments in QuickBooks Online.
You're always welcome to reply if you have further questions about reimbursement. I'll be here to help you.
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