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Travel Expenses |
How do I enter travel expenses? Goldenseal small business accounting software allows you to track any types of expenses-- including transportation and travel expenses. Account Setup If you haven't already done so, first set up one or more accounts for travel agencies, airlines, hotels, or any other travel providers that you use frequently. To do so, follow these steps:
HINT-- Some people may prefer to classify some travel providers as Material Supplier accounts instead. It doesn't really matter how you classify them! If you want to group several small providers together into a single account, follow these steps:
Entering Expenses When you spend money on travel, follow these steps:
NOTE-- The Office category system that comes with the Starter Files has categories for Car & Truck Expenses and Travel Expenses. Expense Posting When you save an expense transaction, Goldenseal automatically updates job costing for whichever account you entered in the Job fields. If you use Vendor Invoice as the payment method, Goldenseal will add the travel expense to your Accounts Payable. If you use another payment method, Goldenseal will automatically create a bank transaction to pay for the travel expense, when you save the record (and the expense is marked as Paid). Click here to return to expense accounting topics. Topics | Previous | Next | Getting Started Manual | Reference Manual | Site Map | Website |