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QuickBooks Tips Blog

Everything you need to know about the new QuickBooks Online Bill Pay

Posted by Tiffany Casey on Jan 10, 2018 9:00:00 AM

In April 2017, Intuit launched the first beta version of QuickBooks Online Bill Pay, an add-on bill pay service completely inside QBO. And since its launch, it’s caused quite a stir!

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Topics: QuickBooks Online, Bill.com, quickbooks bill pay, QuickBooks Bills

Why Does QuickBooks Accounts Payable Report Still Show Paid Bills?

Posted by Richard Haralson on May 28, 2015 7:30:00 AM

You have entered a bill into QuickBooks and you wrote a check for that bill. So, why is that bill still showing in your accounts payable report? It’s an easy and common mistake to make. Sure there may be a number of ways this can happen, let me give a simple example.

You receive a bill from a vendor that is not due for a few weeks. You enter it and forget about it. A few weeks go by and the vendor sends a statement. You jump into QuickBooks and write a check to the vendor. Done.

Being the savvy owner you are, you often look at you’re A/R, A/P and P&L thus you are wondering, “Why does that bill still show in my A/P?” From the perspective of QuickBooks, you didn’t pay the bill (from pay bills); you simply wrote that vendor a check.

So, how do you fix this? You could delete the check, then go to Pay Bills and do it correctly, and adjust the check number to match the check that was mailed. But what if you found the issue after the checking account has been reconciled? Deleting the check will mess up the checking account reconciliation. Don’t do that. Here is a better way to fix this problem.

Open the check that was written. Select the account on the lower check details. Perhaps you had the check coded to an expense account (the coding could be anything, doesn’t matter). Change the coding to Accounts Payable. Next tab over to the Customer Job field and find the vendor name the check was written to. Save and close.

Last step is clearing the bill. Now go to pay bills and select the vendor bill in question that is still showing outstanding. Lower on the screen select set credits, apply the credits, click done, click save and close, then click done.

That’s it; you have now tied what QuickBooks thinks is a random check to a vendor bill and the bill we no longer show on your accounts payable report.

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Topics: QuickBooks Tips, QuickBooks Tips Blog, QuickBooks advice, Accounts Payable, QuickBooks Bills

QuickBooks Tip: How To Pay Bills (2 of 2)

Posted by Alex Viau on Mar 27, 2013 7:34:00 AM

As a continuation from our previous post How To Enter Bills In QuickBooks this second part will touch upon the basic functions of the Bill Pay window in QuickBooks. The Bill Pay window
in QuickBooks allows you to select a bill and post the payment in a myriad of options to help track the credit card payments (liability) or cash payments via check or debit card (asset).

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Topics: QuickBooks Tips, Bookkeeping Processes, Accounts Payable, QuickBooks Bills, quickbooks bill pay