Expenses and Bills (Money Out)
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How to Record a Bill
Last Updated: 10 November 2025A “Bill” is an invoice you have received from a vendor or supplier that you need to pay (e.g., your phone bill, office rent, or a subcontractor invoice). The bill is now saved in your system as “Unpaid.”
How to Record a Bill Payment
Last Updated: 10 November 2025When you pay a bill, you must record the payment to keep your books accurate. The bill’s status will update to Paid, and your expense will be reflected in your reports.
What’s the Difference Between a Bill and an Expense?
Last Updated: 10 November 2025This is a common question! In short: