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Common Accounting Mistakes: Government Edition - Issue #8 Unallowable Expenses

SMBAccountant

These costs must be recorded in separate general ledger accounts to be easily identified and excluded from any billing. Here are some common examples of unallowed expenses: Alcohol – the government will not reimburse alcohol even though it is a legitimate business expense for entertainment of potential or current clients.

article thumbnail

Common Accounting Mistakes: Government Edition - Issue #8 Unallowable Expenses

SMBAccountant

These costs must be recorded in separate general ledger accounts to be easily identified and excluded from any billing. Here are some common examples of unallowed expenses: Alcohol – the government will not reimburse alcohol even though it is a legitimate business expense for entertainment of potential or current clients.