A bill is a record of money your business owes to a supplier for products or services you have already received. Recording bills in the app helps you track your upcoming expenses and manage your cash flow more effectively. While an invoice is something you send to customers to get paid, a bill is a document you receive from a vendor that needs to be paid by you. 🧾
Steps to create a bill
You can record a new bill in just a few taps to keep your bookkeeping up to date:
Open the app and tap the Accounting tab on the bottom navigation bar.
Tap Bills.
Tap the + (plus) symbol to start a new entry.
Fill in the supplier details and the reference number, then add the specific items or services.
Review the information and tap Approve once all fields are completed.
Once approved, the bill will be saved in your records. You can then mark it as paid once the funds have left your account, ensuring your financial overview remains accurate.