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iris-kao1990
Level 1

what is the difference between create expense and create bill? I cannot create expense for all my recent receipts upload. I can only create bill. Is that a change?

 
1 Comment 1
JoesemM
Moderator

what is the difference between create expense and create bill? I cannot create expense for all my recent receipts upload. I can only create bill. Is that a change?

When you're uploading a receipt in QuickBooks Online (QBO), it will depend on how the payment was handled and the nature of the transaction, iris.

 

In QuickBooks, the system may ask you to classify the transaction either as an Expense or as a Bill:

 

  • If the transaction was paid for immediately (e.g., a restaurant bill paid via credit card), then classify the upload as an Expense.
  • If the transaction will be paid later (e.g., an invoice from a vendor for goods delivered but payable within 30 days), classify it as a Bill.

 

To record the transaction as an expense, you need to edit and enter the necessary information for the payment. See the screenshots for visual reference.

Capture.png11.png11.png11.png

To better guide you in managing your receipts in QuickBooks, follow this article: Upload your receipts and bills to QuickBooks Online.

 

Also, I'll share this link that will help you automatically sort transactions from your bank: Set up bank rules to categorise online banking transactions in QuickBooks Online.

 

Let me know if you have additional questions regarding receipt uploads or any other issues related to QuickBooks. I'm available to help.