Bills: Tracking bills and credits
Track your bills and credits using an accounts payable account in your Chart of Accounts (Lists > Chart of Accounts).bill
What vendors send you so that you'll pay them. You can record bills for expenses such as utilities or office supplies, or for items you've ordered and received from vendors. When you enter a bill, QuickBooks automatically posts the amount to the correct expense account and updates your company's balance with the vendor who sent the bill.
Tips for using accounts payable:
- See more transactions in the window at once by selecting “1-line view”.
- To find a transaction fast, choose Edit > Find with the account window open.
What you can do with your bills and credits:
- Find a bill or credit. You can find any bill in the Transaction Center (Company > Transaction Center). Just click Bills in the left column. You can also access a bill from the Chart of Accounts (Lists > Chart of Accounts) in the Accounts Payable account you use for paying bills.
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Edit bills and credits. Find the bill or credit with the Transaction Center or Chart of Accounts, and double-click it to open it. Make your changes and click OK. (
What's on a bill or credit?)
If you reduce the bill amount, QuickBooks creates a credit with the vendor you overpaid. If you increase the bill amount, QuickBooks considers the bill not fully paid until you pay the additional amount.