how to enter expenses in quickbooks 2017

Turn on tracking for Billable Expense.Here are some options through which you can do the same.īillable Expense – If the expense is billed to a specific customer You can also track an expense through QuickBooks Online. Through these reports, business leaders can garner useful insights that will help them in making the right decisions to minimize costs.

QuickBooks Online has multiple inbuilt reports which can be customized for powerful analysis of data. Once you’ve created this expense, you can use it in data analysis. If you want to add another expense, click on Save and New. You can also enter the amount of Sales tax in the Sales Tax field.

Enter a valid description for the purchase in the description field.

If multiple items or services were paid for by a single check, then you can add them by clicking on Add New.

You can add as many categories as you like.

Click on Add Lines, if the payment belongs to multiple categories.

You can select a category for the payment under Account.

You can create a new payment method, but by default, you can choose among:

Select the date on which the purchase was made.

If you paid via a debit card, then you must choose a check account.

This account should be the one from which the money for the purchase has been deducted.

Once you’ve created the Payee, click on save.

If you’re creating a new payee, you can add details for the same.

To enter expenses in QuickBooks Online, follow the steps provided below: You can save details like date, payee, category, payment method, and sales tax amount. All the information related to an expense or multiple expenses is saved along with the amount of the expense. In QuickBooks Online, you can enter expenses with sheer ease and define their categories. How to Enter Expenses in QuickBooks Online: 3 How to Delete an Expense in QuickBooks Online:.2 How to Edit Expenses in QuickBooks Online:.1 How to Enter Expenses in QuickBooks Online:.

How to enter expenses in quickbooks 2017