What are Reimbursables?

Introduction

GFEBS Accounts Receivables

 

Let's first discuss and understand the foundation of what a Reimbursable is.

 

Reimbursables are represented by an agreement between two entities:

 

 

The performing entity agrees to provide specific goods or services to the requesting entity.

 

For the duration of an agreement, the requesting entity agrees to reimburse the performing entity all expense incurred as a result of providing the good or services.