Summary
In this chapter, we have shown you how to enter and pay your bills, how to enter vendor credits, how to manage recurring expenses, how to write checks, and how to print checks. We also covered the three ways in which you can upload bills and receipts to QuickBooks.
As a result, you will be able to stay on top of your cash outflow.
In the next chapter, we will show you how to reduce or eliminate the need to manually enter bank and credit card transactions by uploading transactions automatically into QuickBooks using bank feeds.
The primary difference between expense transactions and bank feed transactions is that expense transactions are typically entered manually through bills, checks, recurring expenses, and receipt capture, whereas bank feeds do not require manual data entry. Instead, your bank account is connected to QuickBooks and bank transactions automatically “feed” into the Banking Center in QuickBooks, saving you time.