I am sure this has been asked but I can not seem to figure it out or find the answer. I am a 1099 contractor and I have other works for me as a 1099. I am trying to add my subs invoices into quickbooks and have it auto generate the expense like my previous software did. I am also trying to figure out how to then track that expense and get a reminder on the NET 30 day to make sure they are paid on time.
To make it a list.
1. How to import emailed invoices from other apps into my quickbooks and have it auto populate the expense information like the receipts section does.
2. Have or tell quickbooks the contractors expense due date. AKA NET 30. Then have it remind me of it in the future.
the invoices are never the same or recurring. So that unfortunately does not help.
if I manually input the invoice how can I make it NET 30 in QuickBooks. I want to have a later due date and have QuickBooks remind me to pay it. Also I don’t want it to post to the account until it is paid which I will indicate somehow.
If you manually record a bill for your contractor within QuickBooks, you have an option to set thepayment terms like NET 30. The steps below will walk you through the process:
Go to the +New button.
Select Bill under Vendor.
Enter contractor's name, date of the bill, address, amount, and other details.
Click the Terms drop-down arrow. Then, select Net 30. If there's no Net 30 in the selection, you can add a new term by clicking the +Add new option.
Double-check the information. This ensures to email them with the correct details.
Once done, click Save.
Once you paid it, you can assign the bill payment directly to the right account. Go to Pay Bills and select the bill you've created for the contractor. Then, make sure to select an account for this payment.
If you're using QuickBooks Online Advanced, we do have the automate tasks with routines feature that you can use to remind yourself about the upcoming bills. On the other hand, we'll have to manually email them by ourselves. You can always visit our QuickBooks Blog for our latest news, updates, and innovations.