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Tuesday, September 13, 2005

Tracking Expenses.

Question:

Hello,
I am starting a new company in the Portland, Oregon area. www.stainlesscablesolutions.com it is a stainless steel cablerail in fill company that uses sailing hardware and cable for decks interior and exterior.

I have quicken Premier and I can not figure out how to put my expenses into the program. It has bills on a cash basis or accrual but I do not know how to put just expenses in . I do not have bills just expenses I pay outright in full.

Any help would be GREAT!

Answer:

To track expenses, you simply need to classify your check to the proper account in the section below the check. Recording Bills will only help you track payables. It also will allow you to pay your bills more efficiently (ie. you can pay multiple invoices with a single check). However tracking bills is optional if this is not important to you.

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