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Happy to help! Here are the steps Quicken recommends for recording reimbursable transactions:
(NOTE: Review the steps please and let me know if you have questions or would like to setup a premium service phone call).
Add an account to track reimbursable expenses
If you make a lot of reimbursable work-related expenses, you can track them in a Quicken cash account.
To add an account:
Recording reimbursable expenses
In the future, follow this procedure when you record reimbursable expenses in your checking or credit card account:
This transaction should reduce the balance of the checking account.
Quicken adds this amount to the balance of the reimbursable account.
Recording a reimbursement
In the future, follow this procedure when you record the reimbursement:
This transaction should increase the balance of the checking account.
Quicken subtracts this amount from the balance of the reimbursable account.
When you've received reimbursements for all your outstanding expenses, the balance of the Reimbursement account will be zero.
There are reimbursable expenses to you only. If you purchase furniture and fixtures for the company on your AMEX card, you would not reimburse yourself correct?
Yes, sorry, one sec I have two calls at the same time.
I apologize for the delay. I am going to opt out so I can get a quicker answer.
Yes, someone else will follow up
Ok, I see your ticket is still open. I apologize for the delay. I wanted to pick up and respond again if that is ok with you?
FYI - for assets purchased with a credit card, you should have an account setup for Business Property and instead of selecting a business expense, transfer the transaction to the property account. These transaction should not appear in statement of cash flow.
Let me know if you want to discuss further. We can setup a phone call and I can show you my quicken setup if this will help. I do apologize for the delay.