Supplier payments on account

1 reply
9 views

Looking at QB guidance for a cash accounting entry and using a BS account for prepaid amounts , I can't see how the cost gets to the P&L ?

QuickBooks Online

Ashleigh1

Level 14

Hello SarahL64, thanks for posting on the Community page, so payment on account will only post to creditors, you would need to apply it as the payment on a bill that has an expense account on it for it to then hit the P&L report for you.

Sign up

Login with SSO

Let's get you signed in

Login with SSO