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SAEED AFZAL
SAEED AFZAL
July 1, 2021
Question

Facing issue in Recording Expenses in QBO

  • July 1, 2021
  • 1 reply
  • 0 views

Hi Everyone

Need help in recording Expenses in QBO where normally we r crediting Cash and Cash equivalent to pay expenses but if we want to settle some expenses from the advance issue to worker/or other group company (Current Assets) and select the drop-down from cash and cash equivalent, and select any other of the above-stated head and try to save the transaction It shows "You need to select a different type of account for this transaction".

 

Please help me out with this. Thanks

1 reply

M
MirriamM
July 2, 2021

Thanks for reaching out to the Community forum, SAEED AFZAL.

 

In QuickBooks Online (QBO), you'll need to use a bank or credit card account to post your expenses. That's why you're getting a message to select a different type of account for this transaction when creating a payment if you've chosen a Current Assets account.

 

To know more about creating expenses, refer to this article: Enter and manage expenses in QuickBooks Online.

 

You may also find this helpful: Capture and categorise expense receipts and bills in QuickBooks Online.

 

I've got your back if you have any other QuickBooks questions. Just add a comment below. Have a great day!

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