I need to account for staff expenses on company business, as an example for one employee I have taxi receipts, hotel bill, rail tickets, van hire fuel, food etc, how best to enter these up?
Also need to account for the VAT on applicable items.
Hi Ben,
Create a Money Paid Out transaction with the Type field set to 'General Payment'. In the Allocate To Account table enter a line for each expense type. For example, you might have:
Line 1: Travel £106.80 with VAT 20%
Line 2: Travel £67.40 with VAT 0%
Line 3: Motor Expenses: £200 with VAT 20%
Cheers