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September 6, 2023
Question

Supplier payments on account

  • September 6, 2023
  • 1 reply
  • 4 views
Looking at QB guidance for a cash accounting entry and using a BS account for prepaid amounts , I can't see how the cost gets to the P&L ?

1 reply

Level 14
September 6, 2023

Hello SarahL64, thanks for posting on the Community page,  so payment on account will only post to creditors, you would need to apply it as the payment on a bill that has an expense account on it for it to then hit the P&L report for you.