Select the expense account for the accrual.

quickbooks.intuit.com

QuickBooks is a widely-used accounting software developed by Intuit, designed to simplify financial management for businesses of all sizes. It provides a user-friendly platform for tasks like invoicing, expense tracking, payroll processing, and generating financial reports. QuickBooks automates many financial processes, making it easier for businesses to monitor their financial health, prepare taxes, and manage cash flow. With its various versions and integrations, QuickBooks caters to the needs of freelancers, small businesses, and larger enterprises, offering a flexible and comprehensive solution for efficient accounting and financial management.

app.qbo.intuit.com

Month end accruals are an important part of the accounting process. Accruals are used to record expenses and revenues that have been incurred but not yet recorded in the books. This is especially important for businesses that have a lot of transactions that occur at the end of the month. Knowing how to add month end accruals in QuickBooks can help businesses ensure that their financial records are accurate and up to date.

Want to make guides like this in seconds? Yes, it's really that fast.