Summary
In this chapter, we showed you how to enter and pay your bills, how to enter vendor credits, how to manage recurring expenses, how to write checks, and how to print checks. We also covered the three ways in which you can upload bills and receipts to QuickBooks. Having a good understanding of the various options you have to record your expenses will ensure that they have been recorded properly. By recording your expenses in a timely manner, you have a good idea of what your obligations are, which helps you stay on top of your cash outflow.
In the next chapter, we will shift gears and discuss another core activity in the financial management of your business: the importance of properly setting up the employees and contractors that work for you.
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