Cannot pay a bill

I received a telephone bill and cannot pay it. I will pay for it next month.

1. What transaction need to be done to create this debt telephone bill?
2. The month after, I pay it. What transactions have to be done to close the debt.

Answers

  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    There are a variety of ways you may track debt in Quicken.  In my opinion, the simplest approach is to maintain a bill reminder.   When you pay the bill, you may use the reminder to enter the payment transaction.
  • I agree but my accounts have to show I am in debt.
  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    I agree but my accounts have to show I am in debt.
    If you haven't already, you may want to consider showing the reminders in the accounts: open each payment register, press Ctrl + Shift + N, select Reminder to show in register and choose an appropriate range for the reminders.