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Deductions & credits
It depends on your choice of accounting method.
If your company is Cash-Basis, there are no accruals for unpaid bills. Instead, the reimbursements are recorded when paid.
If, however, your company chooses Accrual-Basis, any unpaid reimbursements are considered to be Current Liabilities (as Accounts Payable).
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‎June 5, 2019
3:42 PM