Easily Replace Payment Field to the Expense Statement

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How to Replace Payment Field to the Expense Statement

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hey guys liz basara here ceo here at financial gps and im here to help you get the most out of quickbooks online today im going to show you guys how to convert an expense to a bill payment now this is a really uh weird situation that might come up and im gonna walk you guys through it its literally gonna take 30 seconds so lets get started so in this scenario you could see that i have a bill but i also have an expense and sometimes this happens if you record an expense and maybe you just dont connect it to the bill maybe you have an auto uh like a rule and banking that tells you to push it through without considering a bill so im going to show you how to convert this expense to a bill payment so all you have to do is find the expense youre going to click on it okay so heres the expense and what youre going to notice is that on the right hand side i have this little bill that pops up so all you have to do is click add and then its going to ask you for the amount up top so all

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How do I change an expense to a credit card payment in QuickBooks?

Go to Bookkeeping, select Transactions, and then Expenses (Take me there). Select the account you need to transfer the payment from. Select the transaction, then select the Pay down credit card radio button.

How do I change a payment type in QuickBooks Online?

In QuickBooks Online Go to Settings ⚙, then select All lists in the LISTS column. Select Payment Methods. Find the payment method you want to edit or disable. In the ACTION column, select the small arrow▼ icon next to Run report. Edit - Select Edit, then make the necessary changes then select Save.

Can I change payment method on QuickBooks?

Under Company Settings Account Billing Account Billing. Next to the current payment method, select Change.

How do I change a Bill Payment to an expense in QuickBooks online?

To create an expense: Click the + New button. Select Expense. In the Payee field, choose a vendor. Select the Payment account to which to credit this expense. Enter the date of the purchase in the Payment date field and specify the Payment method for the expense. Type in the amount of the purchase and any Tax paid.

How do I change payment settings in QuickBooks?

To do so, follow these steps: Under Company Settings Account Billing Account Billing. Next to the current payment method, select Change. On the Payment Method page, verify that your company address matches your credit cards address, then select either Card or PayPal. On the Order Confirmation page, select Done.

Can I change a bill to an expense on QuickBooks Online?

It is not possible to convert bills to expenses, you would have to delete the bill and manually create the expense.

How do I change the payment status of an invoice in QuickBooks?

Heres how to update an invoice payment using the QuickBooks Online app on an Android device. Select Menu ☰. Then select the ALL tab. Select Invoice Payments. Select the payment you want to edit. Select Edit ✎, then make your changes. Select Save.

How do I change my credit card payment to an expense in QuickBooks Online?

After excluding all credits, manually record them as expenses by following these steps: Click the + New button and select Expense. Enter all the details of the transaction. Make sure to select the credit card account in the Payment account field. Choose Save and close.

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