Vendor Expenses
After reading this chapter, you'll be able to set up vendors in QuickBooks Online and record expenses through multiple payment methods including bills, checks, and credit cards. The chapter covers configuring expense settings to enable job costing and billable expense tracking, managing vendors through the Expenses & Pay Bills hub, and choosing the appropriate workflow for cash vendors (paid directly) versus credit vendors (tracked through accounts payable). You'll also learn to distinguish between purchase orders, bills, and direct expense entries, and how to use features like the vendor display name, default expense categories, and 1099 tracking for contractor payments.
In this chapter
- Configuring the Expenses Settings
- Tracking Company Expenses
- Setting up Vendors
- Tracking Job Costs
- Entering Bills
- Paying Bills
- Using Credit Cards
- Writing Checks
- Handling Petty Cash
- Running Accounts Payable Reports