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Level 1

How do i enter an expense i paid for with cash

 
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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.