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whatamp;#39;s the difference between a bill and an expense well a bill is something that you are going to pay for at a later date so you havenamp;#39;t paid for this item yet normally youamp;#39;d use a bill if youamp;#39;re going to pay for a lot of bills at the same time normally when you get given a statement an expense on the other hand well thatamp;#39;s an item youamp;#39;ve already paid for so you have to state where the payment comes from for example if i went down to my local post office and bought some stamps theyamp;#39;re not going to let me leave without me paying before i left for those stamps therefore the difference between a bill and an expense a bill is something youamp;#39;re going to pay for at a later date and expense is something youamp;#39;ve already paid for