What should I do if I borrow money to report the expenses?

1. If the IOU has been posted, you don't need to return it.

Do it at the time of reimbursement

Borrow: management fee

Credit: other receivables

If the IOU has not been accounted for, it can be returned at the time of reimbursement.

2. If the IOU has been recorded, the cashier who returns the money should send a receipt to the reimbursement person, clearly indicating the original loan amount and the reimbursement amount. There is no need to wait for a receipt.

Borrow: cash

Management cost

Credit: other receivables

In order to avoid the trouble caused by recording the IOUs, if everyone is on a business trip for a short time, the IOUs may not be recorded, and the IOUs will be regarded as cash when counting. If you always reimburse for a long time, you can lend him the petty cash, put the debit note into your account, and give him cash when reimbursing. You can return the reserve fund at the end of the year and borrow it next year.