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hey guys welcome back to my channel today I wanted to talk about client cost advances or reimbursable expenses now these are expenses that are paid by the company on behalf of the customer or client and the client or customer is going to reimburse the company for that cost in a law firm some examples would be Court filing fees medical record fees expert fees deposition transcripts and in other Industries it might be something like a software subscription that maybe they get a discount on for example in accounting we might get an a discount on software like QuickBooks or ADP or something like that and we have to pay the cost up front and then and then bill the customer to get reimbursed for that cost thereamp;#39;s a couple different ways you can treat this you can treat it as an expense when paid when the expense is paid and then income when the company gets reimbursed this is easy itamp;#39;s easy to track along with your other expenses you would just have some sort of reimbursable
