Accounts Payable Showing Debit and Credit on Expenditures Report
I am currently using Quickbooks Desktop 2018. I started to use the bill function for vendors rather than just cutting checks. I noticed when I pull a report of our expenditures, the Accounts Payable account shows a duplicate entry, one as a credit and another as a debit. Is there a way to only show the amount paid per line not the total for the check as well? I've attached a screen shot to show you what I mean.
Specifically for Xerox, there are two bills being paid: one for $266.85 and the other for $217.74. The two bills amount to $484.59 or the total of the check. Can the total of the check be omitted or vice versa since the split will show on the accounts?
You're seeing a duplicated transaction because QuickBooks uses double-entry accounting. Where every transaction records in at least two accounts, one as a debit and the other as a credit. Debits and credits affect different types of accounts differently.
I have tried replicating on my end and the bill will be paid in total. That's why the total will show on the report. If you want the payment to show separately you can create a separate bill.
You're most welcome. I also appreciate your taking the time to post this to let me know that the issue is resolved.
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