![]() ![]() Sure, there are ways to record your expenses, but only after you’ve paid them.įor example, in many of these applications, there’s no way to record a bill you receive today that isn’t due until next month. Unfortunately, the accounting software industry has dropped the ball on including accounts payable functionality in entry-level accounting software applications. If you’re using the cash method of accounting, you can pay your bills and then record them once they’re paid, but if you’re using the recommended accrual method of accounting, you need to record bills when they’re received and a way to pay them when they’re due. ![]() Even small businesses have bills to pay, and they need a way to properly manage and pay them on time. ![]()
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December 2022
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