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HoppyWA's avatar
HoppyWA
5 years ago

Travel Insurance Claim Refund - Sole Trader

Hi, I need help to enter an insurance claim refund for a sole trader. The owner travelled overseas and after getting sick made a claim for medical expenses, some meals, accomodation etc. I entered all his expenses while overseas as Owners Drawings and now I am not sure how to allocate the refund once approved from the insurer? Thanks 

  • DuncanS's avatar
    DuncanS
    5 years ago

    HoppyWA 

     

    You should have a talk with your Accountant.

     

    You state the original overseas travel was posted to Drawings, then I suggest the Refund would be posted to Drawings.

     

    Duncan

  • DuncanS's avatar
    DuncanS
    Ultimate Partner
    5 years ago

    HoppyWA 

     

    You should have a talk with your Accountant.

     

    You state the original overseas travel was posted to Drawings, then I suggest the Refund would be posted to Drawings.

     

    Duncan

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