Bills - Date Created or Paid?

I’d be glad to explain a few things for you, @OnlineNewbie.

You bills are tracked based on your company’s accounting method. There are two accounting methods in QuickBooks. Let me provide and discuss them to you.

The accrual basis of accounting means that your transactions are filed based on the date they were entered in QuickBooks. 

While the cash basis of accounting means that your transactions are filed based on when you received the payment or when you paid your bills.

You can check the accounting method by following the steps below:

1. Click on the Gear icon.
2. Choose Accounts and Settings.
3. Select the Advanced tab on the left panel.
4. In the Accounting section, choose the Accounting Method from the drop-down.

You can read these articles for more information:

• Choose Between Cash and Accrual Accounting Methods in Reports
• Change Your Accounting Method

You can always tag me in your comment if you have any other questions or concerns. I’ll be here to help you.