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April 19, 2020
Question

Do I enter purchases paid by credit card/debit as a bill or expense?

  • April 19, 2020
  • 1 reply
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Original commenter did not share additional details

1 reply

AddieC
April 20, 2020

Hi there, 

 

Running your business has never been easier with Quickbooks Online. With a user-friendly program that offers tons of flexibility, you have endless time-saving tools at your fingertips. It's important to know the difference between bills and expenses as they're distinguished in QBO in order to properly categorize your transactions. I'll point you in the right direction to clarify that.

 

Take a look at this helpful article: What is the difference between bills, cheques, and expenses? This article will explain the difference between the different types of expense transactions in QBO and when to use them.

 

If you read the article and you're still unsure how to enter your credit card/debit transactions, I'd recommend consulting an accountant to get the best advice. They're the best equipped to answer those types of questions. 

If you're not already connected with an accountant, you can find one in your area here: Find a ProAdvisor.

 

I hope this helps get you back on track. If you have any other questions, please don't hesitate to reach out to our tech support team.

 

Cheers.