Hi there, @MPerk.
You've got me here to help share some steps on how to record a bill and void it next year. When you void a transaction in QuickBooks, you still have a record of the transaction, but it won’t affect your account balances or reports.
Let's start by recording your bills, this way you can keep track of all your accounts payables and know what or when a bill needs to be paid. Here's how:
- Go to the Vendors menu, then select Enter Bills.
- Select a vendor from the dropdown, then fill out the required fields.
- Choose the type of bill you want to record.
- Select Save.
Once done, you can void the bills when it' already due.
I also encourage you to get in touch with your accountant to prevent messing up your records. Also, he/she can provide you some advise on betters ways to record this. If you're not affiliated with one, you can visit our ProAdvisor page and look for one from there.
For more insights about managing your transactions, you can read through these articles:
Don't hesitate to post a reply below if you have other questions or concerns about invoices and bills. I'm always around happy to help. Take care and stay safe!
