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Clairedow
Mar 25, 2020 1:23 PM UTC
Question

Hello what is the difference between a receipt and an expense. I’m not sure what to put my outgoing costs in as? Thanks

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1 reply

GeorgiaC
Mar 25, 2020 3:54 PM UTC

Hello Clairedow,

 

Thanks for your post! In QuickBooks, Sales Receipts reflect sales to your customer, and Expenses reflect your own business purchases, therefore for outgoing costs, you should use the expense transactions (+ New > Expense). :) 

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