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Level 4

Impact of selecting/not selecting the Payee while recording the Expense.

Hi All,

 

As I observed that the Payee is optional to select while recording the Expense. Will any one share detail that what will be the impact of selecting and not selecting the Payee in Expense recording?

 

Regards, 

Abdul Rehman.

1 Comment
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QuickBooks Team

Impact of selecting/not selecting the Payee while recording the Expense.

I've got the information you need, Abdul Rehman.

 

Adding a payee on the expense allows you to keep track of how much you spend with each supplier over a period of time. But, as long as you have selected the correct account, your financial reports will not be affected. 

 

If you've like to have a detailed information in your business reports, it would be best to add a payee. Here's an article on how to view all transactions for a supplier

 

I'm here if you have any clarifications about the use of suppliers in QuickBooks. Thanks.