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Kate-Wong
Level 1
posted
‎March 19, 2021 05:34 AM
last updated ‎March 19, 2021 5:34 AM

Expenses Open is 0, Over due is 24K, why? QB Simple Start. Pass a Journal Dt Tools and Ct Trade Payable and reverse out.

 
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1 Comment 1
Ryan_M
Moderator
Moderator
‎March 19, 2021 02:24 PM

Expenses Open is 0, Over due is 24K, why? QB Simple Start. Pass a Journal Dt Tools and Ct Trade Payable and reverse out.

Hi @Kate-Wong,

 

I appreciate you for providing the type of QuickBooks Online (QBO) company you're using. 

 

It appears you want to record bill transactions through journal entries (JEs). Now, this specific transaction directly affects your books. This means we're unable to share anything specific, such as the accounts you use for it. 

 

With that said, I suggest you contact your accountant or bookkeeper for further assistance. They can help you record your bills correctly via JEs, so you can keep your books accurate. 

 

Another way to resolve this situation is to upgrade your QuickBooks Online subscription, to at least the Essentials version. This way, you'll have the option to record bills without the need for JEs. See this article for the steps: Upgrade your QuickBooks Online subscription. 

 

Post a reply if you have any other clarifications about JEs in QBO, and I'll handle them for you. 

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