PC.4.B.5 - Entering Bills
- 10 steps
Fast & Easy QBO
QuickBooks
The Sample Company
1
To complete this exercise, you must be in the Sample company. To get into it, click on the Gear icon on the top right corner of the screen, then select Sample company.
Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
Hands On Practice
Now let's get started with the exercise. As a reminder, here is the scenario:
Craig asked you to help him add a bill.
Here’s what you need to know:
- The bill is for **Lee Advertising**
- The payment is for **500 brochures**
- Craig already has an **Advertising** account category set up
- The total amount due for the bill is **$1,500**
- Payment terms are **30 days**
2
From the left navigation bar, hover over Expenses, then select "Bills".
3
Click "Add bill", then select "Create bill".
Alternatively, another way to create a new Bill would be to click the + New button on the top left corner of the screen and then select Bill.
Let's continue with the exercise and complete the Bill transaction.
4
In the Vendor field, select "Lee Advertising".
5
In the Terms field, select "Net 30".
6
On the first line, in the Category field, select "Advertising".
7
In the Description field, type "500 Brochures".
8
In the Amount field, type "1500".
9
Click on the "down arrow" next to Save and schedule payment, then select "Save and close".
The Bill transaction has been created and saved. Let's take a look at how this shows up on the list of expenses.
10
Click "Expenses".
The Bill transaction shows at the top of the Expenses list.
🏋️♀️ Get More Practice
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