How do you pay your bills? Do you print checks, or write them by hand? Use credit cards or pay online through your bank's website?
Keeping track of your outgoing funds can be challenging, since there are so many ways to complete those transactions. It's important that all expenses are recorded correctly and consistently to keep your company file accurate. In addition, so many of your expenses are tax- deductible, and you don't want to miss tracking any of them.
So, when should you enter and pay bills using the QBO bill-paying screens? In what situations would you use a purchase order? Why would you record a purchase on the dedicated expense screen? These are all questions we can answer for you. If you're new to QBO or simply puzzled by your options, we'd be happy to schedule some time to go over these and any other issues--Call us at 256-337-5200. Learn more about how to setup and track expenses.