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    jiake2528's Avatar
    jiake2528 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Aug 13, 2007, 03:31 PM
    How to record a reimbursement?
    ;) I paid shipping cost for my customer, but I will get it back from my customer. How do record the transaction.
    XenoSapien's Avatar
    XenoSapien Posts: 627, Reputation: 42
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    #2

    Aug 13, 2007, 03:56 PM
    Make the customer sign some sort of receipt book.

    XenoSapien
    Salwaosman6403's Avatar
    Salwaosman6403 Posts: 1, Reputation: 1
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    #3

    Aug 13, 2007, 11:54 PM
    Reverse the original entry, so if you record the entry as follows:

    D/ Shipping/ mailing (expense account)

    C/ Bank /Petty Cash


    Reverse it as follows:

    D/ Bank / Cash


    C/ Shipping/ Mailing
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