Track business expenses for taxes
If you pay business expenses for which you are reimbursed later (for example, by your employer), you can create an asset account to help you track these expenditures and your reimbursements.
  1. Click Banking, and then click Account List.
  2. In the left pane, under Common tasks, click Add a new account.
  3. Click Other account type, and then click Next.
  4. In the list, click Other, and then click Next.
  5. Click Track transactions and other details, and then click Next.
  6. Follow the instructions to enter a name, date to begin tracking, and beginning account balance for the asset account.
  7. Click Finish. The new account will appear in your account list.