Add bills

To help you organize your outgoing expenses, you can enter information about bills you owe that you will pay in installments or that you will pay at a later date in the New Bill screen.

  1. Do one of the following.

    • In the Bills screen, click New Bill.
    • In the Vendors screen, click New Bill for the applicable vendor.
  2. Optional: In the New Bill screen, click Other Bills.

    Note: The Other Bills option is available only if you manage products in OnBalance. It is intended for personal purchases and other expenses that might be recurring, such as water and electric bills. The Other Bills option is not intended for payments you owe to a vendor for purchases of the items you will resell in your company.

  3. Enter the required information.
  4. Optional: By default, a new bill has a single installment with the same due date as the bill date. You can edit the installment to change the due date or the number of installments.

    Notes

    • Whenever you change the date or amount of the bill, your unpaid installments will change.
    • After paying an installment, you can no longer change the amount of the bill or change its amount of installments.
  5. Optional: If the bill will recur in future months, click Make Recurrent, and OnBalance will automatically create the next bill.
  6. Click Upload Receipt if you want to attach a receipt to the bill.
  7. Click Save to save and continue entering information, or click Save & Close to close the screen.

The availability of some or all of these features depends on your version of OnBalance.