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In this QuickBooks tutorial, Matt Haltquist addresses a common issue faced when managing financial records. He explains that when users enter bills in QuickBooks, they often neglect to use the 'Pay Bills' function to clear them out. Instead, they might go straight to the check register and enter a check for the same bill, leading to double counting of expenses. The expense is recorded both when the bill is entered and again when the check is issued. This oversight can distort financial records, making it crucial to correctly process bill payments using the appropriate QuickBooks functions. An example follows to illustrate this point.
