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renuka-ramu-mono
Level 1

How to record expenses entry

 
1 Comment 1
Rose-A
Moderator

How to record expenses entry

It's good to hear from you today, renuka-ramu-mono.

 

Recording expenses in QuickBooks Online is quick and easy. Here are the steps to complete the process:

 

  1. Click + New in the left panel and choose Expense.
  2. In the Payee field, specify a supplier. You can specify the name of a person or a business. If your transaction covers multiple petty cash expenses, leave this field empty.
  3. Choose the Payment account to which to credit this expense.
  4. Enter the Payment date and specify the Payment method for the expense.
  5. Type-in the Amount of the purchase and any Tax paid (if applicable).
  6. Select Save and close.

In case you need to modify or delete an expense transaction, you can go through this article for the detailed steps: Enter, edit, or delete expenses in QuickBooks Online. Also, this will give you a link to know when to enter bills, cheques, and expenses in QuickBooks Online.

 

If there's anything else you need, please let me know. I'd be more than happy to work with you to ensure everything in your QuickBooks is accurate. Have a good one!