asked 22.0k views
5 votes
What is the difference between bill and expense in quickbooks

asked
User Maxy
by
8.0k points

2 Answers

4 votes

Answer:

Bills are for payable and Checks and Expenses are for services or items paid on the spot.

Step-by-step explanation:

answered
User Mati Cassanelli
by
7.3k points
3 votes

While Bills are for payables (received services or items to be paid later) Checks and Expenses are for services or items paid on the spot. If you need to print a check, record an expense as a Check, instead of an Expense. If you paid something via credit card, use Expense.

Happy to help, have a great day! :)

No related questions found