cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more
sbaileyconstruct
Level 1

How do i enter an expense i paid for with cash

 
Solved
Best answer November 14, 2020

Accepted Solutions
MariaSoledadG
QuickBooks Team

How do i enter an expense i paid for with cash

Let's record your cash expense that you paid and I'm here to guide you how, sbaileyconstruct.

 

We need to create a cash expense account in the Chart of Accounts.  The Category type is the same as bank account. Let's use Cash at bank and in hand as Account Type and Cash on Hand for Detail Type to track this expense. I've attached screenshots for your visual guide.

 

 

After you've created an account . enter the cash expense in Quickbooks. Here's how:

  1. Click New (+) and select Expense.
  2. Enter your cash expense amount and fill in the desired information in the field. 
  3. Click Save and close or Save and new.

You'll want to run a report with supplier total to view all money paid to supplier for the year. To do so , run a Transaction List by Date report and customize it to show the payments. 

 

Please let me know if you still need assistance in recording your expense. I'll be here to help you out.

View solution in original post

1 REPLY 1
MariaSoledadG
QuickBooks Team

How do i enter an expense i paid for with cash

Let's record your cash expense that you paid and I'm here to guide you how, sbaileyconstruct.

 

We need to create a cash expense account in the Chart of Accounts.  The Category type is the same as bank account. Let's use Cash at bank and in hand as Account Type and Cash on Hand for Detail Type to track this expense. I've attached screenshots for your visual guide.

 

 

After you've created an account . enter the cash expense in Quickbooks. Here's how:

  1. Click New (+) and select Expense.
  2. Enter your cash expense amount and fill in the desired information in the field. 
  3. Click Save and close or Save and new.

You'll want to run a report with supplier total to view all money paid to supplier for the year. To do so , run a Transaction List by Date report and customize it to show the payments. 

 

Please let me know if you still need assistance in recording your expense. I'll be here to help you out.

Need to get in touch?

Contact us