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March 25, 2020
Question

Hello what is the difference between a receipt and an expense. I’m not sure what to put my outgoing costs in as? Thanks

  • March 25, 2020
  • 1 reply
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1 reply

Level 13
March 25, 2020

Hello Clairedow,

 

Thanks for your post! In QuickBooks, Sales Receipts reflect sales to your customer, and Expenses reflect your own business purchases, therefore for outgoing costs, you should use the expense transactions (+ New > Expense). :)