cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 3

Vendor Bills

Hi 

 

We work with a Vendor that on the 25th of each month takes what we owe them for the previous month and transfers them to a Flooring Vendor and then we have 25 days to pay the Flooring vendor.  What is the best way to enter getting the bills from Vendor to Flooring Vendor? 

 

Thank you, 

CK18

 

 

Solved
Best answer May 05, 2020

Best Answers
Highlighted
QuickBooks Team

Vendor Bills

I can help you record this bill, @CK18.

 

You can edit the bill that you’ve created for the first vendor by renaming it to the flooring vendor. From here, you can record the bill payment under the flooring vendor.

 

To do it:

  1. Go to your vendor's profile and click to open that bill. 
  2. On the Bill Pay page that opens, click the Payee drop-down and update it to the flooring vendor. 
  3. Click on Save once you're done. 

Check this article for more information on how to enter and pay bills in QuickBooks Online: Enter and pay bills

 

Let me know if there's anything that you need. I'm always here to assist. 

View solution in original post

3 Comments
Highlighted
QuickBooks Team

Vendor Bills

I can help you record this bill, @CK18.

 

You can edit the bill that you’ve created for the first vendor by renaming it to the flooring vendor. From here, you can record the bill payment under the flooring vendor.

 

To do it:

  1. Go to your vendor's profile and click to open that bill. 
  2. On the Bill Pay page that opens, click the Payee drop-down and update it to the flooring vendor. 
  3. Click on Save once you're done. 

Check this article for more information on how to enter and pay bills in QuickBooks Online: Enter and pay bills

 

Let me know if there's anything that you need. I'm always here to assist. 

View solution in original post

Highlighted
Level 3

Vendor Bills

Thank You! That is great that it is that easy. Should I also change the bill date to the actual date transferred so the past vendor detail report shows the date the invoice was transferred? Or does it not matter? 

Thanks, 

CK18

Highlighted
QuickBooks Team

Vendor Bills

Hey there, @CK18

 

Thanks for reaching back out to the Community. I'm so glad that we were able to provide you with some information to help answer your question. I'm unable to advise you on which date to choose for the bill, but you can consult with your accountant to be sure. If you don't have an accountant, check out this link to find one near you. 

 

The Community is always here to have your back. If you have any other questions, just let me know. Have a great day!

Need to get in touch?

Contact us