How do i track accounts payable in QuickBooks?
With the help of these steps you can easily tract accounts payable.
- Click Enter Bills, on the Home screen
- Choose the vendor.
- Select the date.
- Choose the appropriate tab. …
- Select the expense account OR item.
- Enter the amount.
- Select the customer job and put a check mark in the Billable column.
- Click Save & Close.
If you need any help related to this , visit QuickBooks Payroll Support Service.
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.