how to handle a cash advance

Hi, QB users,
I'm working for a company that advanced me $200 cash to cover expenses. Now I'm doing the invoice, and I'm not sure how to handle this. Any suggestions?
thanks
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I'd pop it into a pre-paid expense account, maybe called "Employee Advances", so I could track the unaccounted for advances. When you submit the expense reports, book those expenses and credit the Employee Advance asset account.
--
Paul Thomas, CPA
www.paulthomascpa.com
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Thanks, that worked!
On Tuesday, September 4, 2012 8:47:37 AM UTC-4, paulthomascpa wrote:

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