Learn how to pay your bills in QuickBooks Desktop for Windows.
After you record what you owe your suppliers in QuickBooks Desktop, you can go to the Pay Bills window to settle your payables. If you received a discount or credit from a supplier, you can also apply it to your bill payment to reduce your total payable.
Pay bills or payables
When you pay bills, don’t write a check. If you do, the bills remain open and unpaid which leads to inaccurate financial reports. Here’s how to pay a bill properly.
- Go to the Suppliers menu, then select Pay Bills.
- Select the correct accounts payable account from the dropdown.
- Select the checkboxes of the bills you want to pay from the table.
Note: To unmark or mark all the bills in the list, select Clear Selections or Select All Bills.
- Set any discount or credit that you want to apply to the bills.
- Discount - Select this if your supplier gave you a discount for this transaction.
- Credit - Select this if you received a credit from your supplier, and you used it to reduce your total bill amount.
- Enter the date you paid the bill.
- Select the payment method:
- Cheque - Select Assign cheque number if you plan to manually write the cheque. Select To be Printed to print the check or add it to the list of cheques to print.
- Credit Card - You can use credit cards to pay bills, then print a payment stub.
- Cash, Debit or ATM card, Paypal, or EFT - You can select Cheque, then Assign cheque number even when you’re not paying with an actual check. Enter the type of payment in the check number field or leave it blank.
- Select Pay Selected Bills.
- Select Done, or select Pay More Bills if you have other bills you need to pay.
Paying bills is part of your usual accounts payable workflow in QuickBooks Desktop. To see the complete list of workflows and other supplier-related transactions, go to Account Payable Workflow.