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accrual method: How to record travel expenses under accrual method?

create a current asset account called pre-paid travel and use that account as the expense

 

in march do a journal entry, debit travel expense, credit pre-paid travel

Resolution for 'accrual method issue: 'How to record travel expenses under accrual method?' available: Yes.

The accrual method issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual method issue yourself by looking for a resolution described in the article. If it is a complex accrual method issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual method support options.

For more information about resolving issues related to accrual method in Quickbooks/QBO or to get support for the issue 'How to record travel expenses under accrual method?', click the link below:

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accrual method: We use the accrual method, and the outstanding accounts receivable $ from the prior year not showing in current year’s P&L.

Under the accrual method, they would be on the P&L the date they are invoiced.

Resolution for 'accrual method issue: 'We use the accrual method, and the outstanding accounts receivable $ from the prior year not showing in current year’s P&L.' available: Yes.

The accrual method issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the accrual method issue yourself by looking for a resolution described in the article. If it is a complex accrual method issue or you are unable to solve the issue, you may contact us by clicking here or by using other accrual method support options.

For more information about resolving issues related to accrual method in Quickbooks/QBO or to get support for the issue 'We use the accrual method, and the outstanding accounts receivable $ from the prior year not showing in current year’s P&L.', click the link below:

Details