I am a sole proprietor LLC and my business is an IT consulting practice.
I use QuickBooks online "Plus"
Some of my travel is reimbursed by my clients
I also have other "materials" that are reimbursed by my clients
When I bill my clients I record these items as "reimbursable" expenses and understand this is "income"
My question is - what options do I have for recording the off-setting expenses? I provide a detailed invoice outside of QB and do not want to provide the line item reimbursable detail from QB.
Can I set up an expense account simply called: Reimbursable Expense?
I am specifically asking this because I also travel for conferences etc so have other "travel/meal" related expenses too and I am thinking I need to differentiate between the two.
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