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Simplify payday and set payroll to run automatically on QuickBooks.Explore QuickBooks Payroll

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john-pero
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If you enter a Vendor Bill it will be a current expense under Accrual but will not show in Cash accounting until you pay it. Same with income, record an Invoice and under Accrual it is today's income even if customer never pays you.

 

What you have to realize is that journal entries bypass the distinction between cash and accrual

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