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I am unsure how to report a utility bill, I have two scenarios.
1) My client pays his neighbor(bill under his name) a large bill (of previous months), but it's made in now made in arranged payments.
2) Second is the opposite scenario but w/o a large bill. My client (the bill is under his name) and my client's neighbor pays him in cash after my client receives the bill.
I am unsure if I should create an Invoice-under under accounts payable?
Solved! Go to Solution.
Hello there, @accountingatheart. Let me help you record the Utility Bill between your client and his neighbor inside QuickBooks Online (QBO).
We appreciate you for sharing a detailed situation with us. For the first scenario, you can create an Expense or Check, which depends on the mode of payment. Here's how to record an Expense for the scenario one:
On the other hand, you can create a bill for scenario two and set the amount as billable. I'll show you how:
After that, you can follow step 3 in this article to add the billable expense in the invoice to let your client's neighbor pay the amount: Enter billable expenses in QuickBooks Online.
Moreover, visit this link for additional insights about Bills, Checks, and Expenses in QBO: Learn the difference between bills, checks, and expenses in QuickBooks Online.
Have a reply below for more questions about recoding a utility expense inside QBO. I'm always here to help. Take care!
Hello there, @accountingatheart. Let me help you record the Utility Bill between your client and his neighbor inside QuickBooks Online (QBO).
We appreciate you for sharing a detailed situation with us. For the first scenario, you can create an Expense or Check, which depends on the mode of payment. Here's how to record an Expense for the scenario one:
On the other hand, you can create a bill for scenario two and set the amount as billable. I'll show you how:
After that, you can follow step 3 in this article to add the billable expense in the invoice to let your client's neighbor pay the amount: Enter billable expenses in QuickBooks Online.
Moreover, visit this link for additional insights about Bills, Checks, and Expenses in QBO: Learn the difference between bills, checks, and expenses in QuickBooks Online.
Have a reply below for more questions about recoding a utility expense inside QBO. I'm always here to help. Take care!
Thank you.
You're most welcome, @accountingatheart.
We're glad to know that the steps provided by my colleague help to fix your issue regarding splitting utility bill between your tenants.
If you have any further QuickBooks concerns, please don't hesitate to post them here. We're always available and willing to help. Have a wonderful day and much success with your business!
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