Managing expenses incurred by a business is one of the primary reasons why many businesses decide to use QuickBooks. Most businesses know when they are generating income, but when it comes to where their money is going, it's a whole different story. For a business to be profitable, it must be able to control expenses that directly affect the bottom line. By the end of this chapter, you will know all of the different ways to track your expenses in QuickBooks. Using one or more of these methods will give you access to detailed reports that will give you insight into where you are spending your money. This is a key component in having the ability to control expenses.
In this chapter, we will cover the following topics:
- Entering and paying bills
- Managing recurring expenses
- Writing checks
- Printing checks