Hey 👋 Thank you for your question. I would personally record bill for these and then link outgoing payment transaction from bank to the bills. Journal entries may not allow you to record transactions to Creditors correctly and in turn manage Accounts Payable balances in detail. I hope this helps.
@@AbdullaSaeed1988 For example, if staff submits expense claim form with list of various purchases (expenses) then I would record this as bill listing each purchase by line (so that expenses can be categorised correctly). When partial payment is made or expenses are paid in full then you will be able to clear this from the Accounts Payable list accordingly. I hope this helps.
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When buy asset or payment for prepaid expenses which use in Zoho books journal entries or expenses purchase bill
Hey 👋
Thank you for your question.
I would personally record bill for these and then link outgoing payment transaction from bank to the bills.
Journal entries may not allow you to record transactions to Creditors correctly and in turn manage Accounts Payable balances in detail.
I hope this helps.
@@DigitalAccountant you mean prefer record any purchase by bills
@@AbdullaSaeed1988 For example, if staff submits expense claim form with list of various purchases (expenses) then I would record this as bill listing each purchase by line (so that expenses can be categorised correctly).
When partial payment is made or expenses are paid in full then you will be able to clear this from the Accounts Payable list accordingly.
I hope this helps.