The only method I've found for reimbursing cost of good sold - is to post it to a materials expense account, and then monthly/annually move the entire balance t...
The proper account method for reimbursed expenses is to count them as income on your profit and loss statement. The original expense will deduct from that incom...
Solution: The 2nd problem was my "materials expense" was reclassified by my accountant as Cost of Goods Sold. This made the option to mark an income account to ...
Thank you. I found my problem. My "materials expense" account was moved to cost of goods sold - deleting my preferences.Once I moved Materials expense back to ...
I have checked the box as shown above. I did this while getting my taxes ready last march and it was working, but now I'm looking and again my materials income ...
