My husband travels for work frequently. He pays for his trips up-front, and then gets reimbursed by his company as soon as he submits his expense reports.
He uses his personal credit cards to do this, because his work doesn't offer a corporate credit card. However, these are not really "personal" expenses b/c he gets reimbursed for them. This is throwing off our spending per month, because it looks like we spend thousands more than we actually do (that said, it also throws off our "income" b/c we receive reimbursement checks).
Any advice for how to handle this?
Great question! I have a few suggestions for how to handle this so it does not throw off your spending.
The easiest way to handle this is to ignore each transaction from your budget. You can do this from the “Budget” page, by checking the “Ignore” box. As for the reimbursements showing as income, I would suggest categorizing this as “Transfers”, then it will not count as part of your monthly income.
There is also a Reimbursable flag that you can use to easily filter these transactions from the Accounts page – https://support.hellowallet.com/customer/portal/articles/1245008
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