cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Experienced Member

What is the difference between a bill and and expense?

I need to know what is the difference between a bill and an expense in the supplier section. I would also like to know if I have to manually create the bills/expenses with each supplier and then match it to the bank record, or if I would be able to just allocate expense from the bank statement directly to the supplier without creating a "bill/expense" first?

1 Comment
Not applicable

Difference between bill and expense is that in expense we...

Difference between bill and expense is that in expense we record all the invoices which has been already paid by cash and in Bills we record those invoices which has to pay, once you record not paid invoices in bill you can easily pick from the data of bill by paying supplier bills.