How to Create a Bill

What this does

A bill records money you owe to a supplier. It posts to accounts payable and appears in your aged payables report.

When to use it

Use this when you receive an invoice from a supplier.

Step by step

1. Go to Bills in the Purchases menu
2. Click New Bill
3. Select or type the supplier name
4. Enter the Bill Date (date on the supplier's invoice)
5. Set the Due Date
6. Add line items — description, amount, and the expense account it belongs to
7. Click Save