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October 27, 2023
Question

What is the difference between travel meal expense and meal expense.

  • October 27, 2023
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1 reply

October 27, 2023

Welcome to the Community, @t3mendez!

 

I'm here to explain the difference between travel meal expense and meal expense.

 

meal expense is an expense for meals eaten with a customer or client. 

 

A travel meal expense is spent for the meals while traveling away for the business. An expense is considered a travel meal expense if the meal was taken during the business trip, regardless of the presence of a customer or client.

 

Furthermore, if you need help categorizing your transactions related to those expenses, I suggest contacting an accountant. This way, they can ensure that your transactions fall under the correct accounts.

 

You can browse this article for more information on recording your expenses in QuickBooks: Enter and manage expenses in QuickBooks Online.

 

You can pay for business expenses with personal funds. For your reference, here's an article about that: Pay for business expenses with personal funds.

 

Reach out if you have more questions about managing your expenses. We're always ready to help you out.