Add a purchase

A bill can be put in the Purchase category if the expense is related to the purchase of products that will be resold by your company. You can add purchases only if you manage products.

Notes

  • Whenever you change the date or amount of a bill, your unpaid installments will change.
  • After you pay an installment, you can no longer change the amount of the bill or change the amount of its installments.
  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. Click Purchase.
  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.
  5. Click Upload Receipt if you want to attach a receipt to the bill.
  6. 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.