Professional Services
Disbursements / Out-of-Pocket Expenses — Client Recharged
Recharging travel, printing, courier, and filing fees to the client under the engagement letter.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable (Disbursements Invoice) | Asset (+) | 850.00 | - |
| Disbursement Recovery Revenue | Revenue (+) | - | 850.00 |
| Travel & Disbursement Expense (Gross) | Expense (+) | 850.00 | - |
| Cash / Accounts Payable | Asset/Liability (−) | - | 850.00 |
💡 Accountant's Note
Disbursements are presented gross — full expense and full recovery revenue. Netting is not permitted under IFRS 15 if the firm controls the service (e.g., arranges travel on behalf of the client). Gross presentation shows the true cost and recovery.
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