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Liz14
Level 1

Since i downgraded my account to Simple Start I can no longer enter a bill from a supplier. Does this mean that I can no longer use the accrual method of accounting?

 
1 REPLY 1
ChristineJoieR
QuickBooks Team

Since i downgraded my account to Simple Start I can no longer enter a bill from a supplier. Does this mean that I can no longer use the accrual method of accounting?

Yes, Liz14. We can still use the accrual method of accounting even if Simple Start doesn’t include the bill features.

 

If your business relies on tracking bills or accounts payable, we can consider using the expense. These transactions directly impact accounts payable, making it easy to monitor what you owe to vendors.

 

For more guidance on determining how another accounting method impacts your reports, you can customize an individual report to use a different accounting method and compare the results: Change the method on a report.

 

If you need additional help with any QBO-related topics, don't hesitate to reply to this post.

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