when using money in a savings account to pay an expense can I reduce the expense amount

Thank you for dropping by the Community today, jhcct.

QuickBooks Online (QBO) is a diary of what happened to your actual business. To keep your books accurate, all transactions must be properly recorded in the online program.

Based on the information provided, we recommend seeking additional advice from an accountant. They can guide you on how to manage your expenses paid using the savings account, particularly when you remove funds and reduce the expense amount.

When you have the information, the following reference contains a list of topics that will guide you on how to handle your expenses and vendor-related transactions: Enter expenses, pay bills, write checks, and manage suppliers.

You can also save the link to our Community page for future reference. From there, you can access resources on how to manage your accounting tasks efficiently as well as tips on how to grow your business.

Feel free to visit the Community again if you have other QuickBooks concerns or any clarifications about recording expenses. I'll get back to make sure you're taken care of. Have a great rest of the day.

I just want to know how the program works. I know how to write checks, I know that when funds come in if I know they are going to be used for a specific expense I can credit them to the expense instead of an income account. but it is funds that were previously posted to an income account that have been kept in savings that I am now using for a specific expense. Is there no way to post the funds to the expense account to show the expense was covered by these funds