This is an old post, so i hope your out there....Not to beat a dead horse, but.... help?

I am an event planner. I paid a hotel bill as a pass through $20,000. I invoiced 5 companies (sponsors). they paid $20K. I paid the bill. In QB it looks like $20K revenue and $20k expense. Am i going to be OOP or SOL when i file my taxes? IS there a better way to log this? I tried to follow the "set up a liability expense and income account but dont know how to change the invoice and payment to fall under those accounts.