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QuickBooks Online the difference between entering bills and expenses hey everyone this is Matt Holquist with the QuickBooks University at QB university.org so here we are a sample company file and it this this gets kind of confusing for a lot of people is when you go up to the new button and youll see for vendors you can enter an expense or a bill and often times people get confused between the two so Im going to walk you through when to use each of these uh in this video okay so first of all the big difference between the two is a bill is something that you get it could be emailed it could be mailed to you that you owe at a later date so if if a vendor has given you terms meaning that hey its due in 30 days thats when youre going to enter a bill and not an expense all right so I clicked on Bill if we go to the bill screen youll see here uh we put in uh the vendor well say Bobs Burger Joint and you put in the terms lets say its net 30 that means its due in 30 days the bill d
