The knowledge of how to manage bills is completely essential to running a successful small business. This simplified guide will show you how to:
- Receive and enter a bill (recording a bill).
- Enter a full or partial payment (make payments to the bill).
- Set reminders for payment of future bills.
- Review financial statements after our new transactions.
For you to successfully use QuickBooks and effect the above transactions, you must have set up a number of accounts where the cash amounts used will be recorded.
To set up an expense account, click on Lists and then click on