Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Hello,
I have an invoice from a vendor dated July 10 2020, with payment due net 30. Unfortunately, I never entered the vendor's bill or payment.
How would I enter a vendor's bill and for a previous period so that it shows up in the correct period? Or, if it's a "closed" period, how would I enter this bill without messing up the financial statements for the closed period? Would I do this via JE? if so, how?
Thank you,
FMW
QB Desktop, 2019 Premier
Thank you for posting here in the Community, @FMW.
You’ll just have to enter the bill along with the date you received from your vendor in QuickBooks so it will be recorded.
Here’s how.
4. Select the appropriate account or the item then enter the amount.
5. Once completed, click Save & Close.
If it’s a closed period, I recommend contacting your accountant so you’ll be guided on how to handle this situation.
Here is an article that will help you understand about Journal Entry. Create a journal entry in QuickBooks Desktop.
Let me know if you need further assistance. I am always here to help.
The best thing to do in this case is usually to fix your data, to enter the bill as you would have using the date the bill was issued.
If you already paid it, then create the bill payment in QB and use the date that was on the payment actually sent to the vendor.
You have clicked a link to a site outside of the QuickBooks or ProFile Communities. By clicking "Continue", you will leave the community and be taken to that site instead.
For more information visit our Security Center or to report suspicious websites you can contact us here