Book Keeping Task/Incident expenses - Revision history

Brett Wuth: /* Write Off */

2020-02-23T23:42:50Z

Write Off

←Older revision		Revision as of 23:42, 23 February 2020
Line 23:		Line 23:
	== Write Off ==		== Write Off ==
	Sometimes we end up not being able to invoice the Tasking Agency in a timely manner.		Sometimes we end up not being able to invoice the Tasking Agency in a timely manner.
-	We then write off the amount by creating a journal entry ~~transferring from~~ the incident account to "Incident Expense - Unrecovered"	+	We then write off the amount by creating a journal entry crediting the incident account and debitting "Incident Expense - Unrecovered"

Brett Wuth: /* Member expenses */

2020-02-23T23:28:47Z

Member expenses

←Older revision		Revision as of 23:28, 23 February 2020
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	The account should be named the same as the [[Incident]].		The account should be named the same as the [[Incident]].
	== Member expenses ==		== Member expenses ==
		+	Create a bill for each expense and charge it to the incident account.
		+	== Other expenses ==
		+	There will be other expenses for e.g. providing food for the searchers.
		+
		+	Some, like fuel for the MCP, are covered by a fixed fee in our [[Rate Sheet]] (mileage).
		+	== Invoice Tasking Agency ==
		+	Create an invoice to the tasking agency.
		+
		+	Include our fees from our [[Rate Sheet]].
		+
		+	Include the expenses listed above in the incident account and charge them to the incident account.
		+
		+	The incident account should now be zero (unless there were some costs we decided not to charge to the Tasking Agency)
		+	and the invoice to the Tasking Agency will appear as an Accounts Receivable.
		+
		+	== Write Off ==
		+	Sometimes we end up not being able to invoice the Tasking Agency in a timely manner.
		+	We then write off the amount by creating a journal entry transferring from the incident account to "Incident Expense - Unrecovered"

Brett Wuth: New page: When we respond to an incident ("a search"), we will have some expenses come in and we will generate an invoice to the Tasking Agency. == Incident Account == Create a subaccount for incid...

2020-02-23T23:15:47Z

New page: When we respond to an incident ("a search"), we will have some expenses come in and we will generate an invoice to the Tasking Agency. == Incident Account == Create a subaccount for incid...

New page

When we respond to an incident ("a search"), we will have some expenses come in
and we will generate an invoice to the Tasking Agency.

== Incident Account ==
Create a subaccount for incident under the account "Incidents".
The account should be named the same as the [[Incident]].
== Member expenses ==