You can create a bill in QuickBooks Online (QBO), mark393.
When you enter a bill into QBO, it creates an Accounts Payable (A/P) entry, which records the money you owe to a supplier for goods or services received. A/P is a liability account that tracks unpaid bills, representing your outstanding obligations.
To create a bill, here's how:
- In the left menu, click the + New button and select Bill.
- Choose a supplier from the Supplier dropdown.
- Set the Terms to define the payment conditions.
- Enter the Bill Date, Due Date, and Bill Number as indicated on the supplier's bill.
- Fill in the Category Details section for applicable expense accounts. If you need to list specific products or services, use the Item Details section instead.
- Enter all required information.
- When finished, click Save and close.
If you need further assistance with creating a bill, feel free to reach out. We’d be happy to help!