recurring bills

Majority of the expense transactions, including the recurring bills, appear in Accounts Payable, @9410.

To verify it correctly, how did you record your recurring bills? Under which category did you classify them?

You can check the recurring bill template to see if the Profit tax payable is set as the default expense category for that specific vendor.

If it isn't, you can perform troubleshooting steps to determine if it's related to your browser. This is a good way to eliminate any cache issues that can cause QuickBooks to display different information.

You can use the following keyboard shortcuts to open a private browsing window:

• Safari: Command+Shift+N
• Microsoft Edge: Ctrl+Shift+N
• Chrome: Ctrl+Shift+N

Check if the recurring bills are booked against Accounts Payable.

If this resolves the issue, consider clearing the cache in your regular browser to eliminate stored data.

In addition, running a monthly expense report by vendor allows you to see how much you're paying each vendor monthly.

We'll be here to assist if you have further questions about managing your recurring bill, 9410. Just let us know in the comments. Keep safe.

I did this but it is still the same.
In the report under the header SPLIT appears Profit tax payable.

The expense category is set at 'expense.'

How can this be fixed?

Hello there.

Thanks for getting back to this thread. I'll help you handle bills in QuickBooks Online (QBO).

The bill template will not change the default payable account to Profit Tax Payable. That's why it appears as a split in the bill since the default account in the bill itself is Accounts Payable.

However, if you want to remove the Profit Tax Payable as a split, you can do so from the bill recurring template.

Here's how:

1. Sign in to your QuickBooks Online account.
2. Go to the Transactions menu and click on Recurring transactions.
3. Click on the specific bill recurring template, then click the dropdown-arrow next to the Edit button.

Moreover, running and saving a monthly expense report by vendor is essential for effective financial management, as it helps track spending patterns, identify cost-saving opportunities, and ensure accurate budgeting.

I'll be around if you need further assistance about handling your bills. Just visit this forum anytime, and I'm here to help ensure everything runs smoothly for you.