How to Set Up Expenses in Quick Books Online

How to Set Up Expenses in Quick Books Online

Article Source: QuickBooks online

Need to follow some steps to setup Expenses in QuickBooks Online.

Need to follow some steps to setup Expenses in QuickBooks Online.
(A)Track expenses by the customer so you can run profitability reports.
(B)Bill customers back for items you purchase on their behalf.
(C)Manage bills through accounts payable.                                                                                              (D)Create purchase orders to send to your suppliers.                                                                             

Steps for How to Set Up Expenses in QuickBooks Online.

(A)Click on the gear icon at the top right.
(B)Click on account and settings
(C)Click on Expenses
(D)Click on Bills and Expenses edit option.
(E)Click the options according to your choice.
(F)Now click the Use Purchase order options in purchase orders.
(G)Lastly, Save Expenses.

In case of need follow QuickBooks Support & Help: 1-855-441-4417

Below you will find a Description of Feature:

(A)Show items table on expense and purchase forms: It adds a Product/Service table on expense

(B)Track expenses and items by the customer: It helps you to add a custom column to the expense and purchase forms. If by an item on behalf of a buyer.

(C)Make expenses and items billable: It helps you to add a billable column on expense and purchase forms.
so you add expenses and items on sales forms to charge the buyer for items buy on their behalf.

(D)Set up a default, markup rate: It is available only if you have turned on the make expenses and items bill.

(E)Track Billable expenses and items as income: It is available if you have turned on the make expenses and item bill.

(F)Charge sales tax: It is activated if you need to charge your customers' sales tax.

(G)Set up default payment terms: It helps you to set default payment terms for all bills that you enter into QuickBooks.