RE: How do i track accounts payable in QuickBooks?

How do i track accounts payable in QuickBooks?

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To track Accounts Payable in QuickBooks, you enter the bill before paying the vendor by tracking Accounts Payable, you always know how much you owe vendors/suppliers, and you can ensure that expenses are recorded in the correct accounting period. A/P  is the record of the outstanding bills of a business. It is the money you owe your vendors for goods or services that you purchased on credit. It is important to record A/P transactions correctly to avoid wrong financial reports that can lead to incorrect tax payments and penalties. If you are getting trouble to track Accounts Payable in QuickBooks call us to resolve your issues via QuickBooks Support Help Phone Number.

Answered on July 18, 2017.
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