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Old 04-01-2008, 11:55 PM   #2 (permalink)
bizark
 
Status: Getting feet wet
Join Date: Mar 2008
Location: USA
Posts: 38
bizark will become famous soon enough
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In accounting, the expenses are posted when you enter the bill, not when you write the check to pay the bill. The entire amount of the bill is posted to Accounts Payable, and then the payable is "washed" when you pay the bill. If you don't enter bills, and instead you write direct disbursements (the Write Checks window in QB), the expenses are posted to expense accounts when you write the check.
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