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CJphoto
August 10, 2020
Question

lliablity/ credit card/ or loan?

  • August 10, 2020
  • 1 reply
  • 0 views

this is a quickbooks pro 2019 desktop question,  the submit form would not let me enter a questions as desktop..

 

i have a medical bill. its 700.00

i want to record that bill as??? 

and i want to make payment from my checking account..

when i make those payments i want the payment to decrease the amount FROM the bill and i want that

payment to also increase (or to be counted towards what i am paying for health care.) as an expense..

i have an expense account already set up for Dr bills, chiro bills, rx expenses.. 

just need to figure out how to code the 700 bill so that its payments are shown in the right expense column at the end of the year..

 

i have done this in the past by setting them up as vendors and  paying them and assigning them an account.. but ive been told to stay away from that method..  any help??

 

1 reply

G
gayatriluthfias20
August 16, 2020

Hi @CJphoto , i think that is liability. I'll glad to inform this article about enter bills and

 paybill in quickbooks desktop . When you enter bill will record expense and payable, when you pay it will deduct the payable. Comment back, cheers.

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