My grammar is 💯 good I
7296 Points
Joined March 2019
I have checked the Employee benefits standard and no mention of billable and non billable. However, it is company policy to contribute towards employee benefits when they are on payrolls. So, considering this, your reporting salaries and it should be classified to give true and fair picture to your management or investors. Under normal circumstances, report employees in two lines, billable regular employees and non billable benched employees. You will do this because the client is anyways not paying for them and you are paying for them. Non billable are your own payables.
You are actually correct in the first instance.