Bills showing in wrong month

Hi there, @Kirstyc.

I'd like to offer some insights into your concern about the supplier's invoice or bill showing the wrong month in QuickBooks Online.

In QuickBooks Online, Profit and Loss report is based on the transaction date. When entering supplier invoices or bills in QuickBooks, you have to use the actual date of the transaction. This also applies when receiving the payment.

If the bill should be dated in July; you can edit the bill to reflect the correct July date.

To edit the bill, here's how:

1. At the left navigation panel, go to Expenses.
2. Click on Bill.
3. Select the dropdown arrow beside the Schedule payment, under the action column.
4. Choose View/edit bill.
5. After editing, click Save.

Moreover, you can set the Profit and Loss report depending on how you want your report to reflect.

When using the cash accounting method, you record income and expenses at the time you actually receive a payment or pay a bill. On the other hand, with the accrual accounting method, you record income and expenses when you send the invoice or receive the bill.

For a more detailed explanation of this, you can check this article: Choose between cash and accrual accounting methods in QuickBooks Online

Moreover, you can check this article to learn how to handle your reports. Also, how to track bills and record payments in QuickBooks Online:

• Run reports in QuickBooks Online
• Customise reports in QuickBooks Online
• Enter and manage bills and bill payments in QuickBooks Online

If you have any more questions or concerns about your supplier's bill, don't hesitate to reach out to us, Kirstyc. Your satisfaction is of utmost importance to us. Keep Safe!