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SarahL64
Sep 6, 2023 1:29 PM UTC
Question

Supplier payments on account

Looking at QB guidance for a cash accounting entry and using a BS account for prepaid amounts , I can't see how the cost gets to the P&L ?

1 reply

Ashleigh1
Sep 6, 2023 3:02 PM UTC

Hello SarahL64, thanks for posting on the Community page,  so payment on account will only post to creditors, you would need to apply it as the payment on a bill that has an expense account on it for it to then hit the P&L report for you. 

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