Debit accounts receivable / credit expense account
I'm using the Canadian version of Quicken Classic Business & Personal R58.9 on Windows 11. I'm using it for personal use but bought this version because it has functionality for an accounts receivable account.
I have setup an accounts receivable account using the "Business Actions" option in the sub-menu of the Business toolbar option.
What I would like to do is to debit the accounts receivable and credit an expense account that I have called "moving".
I have marked the expenses in the moving expense acccount as reimbersable expenses, i.e. in the Exp column I have marked the expenses with an E.
I have tried creating an invoice. The accounts receivable is debited but the expense account is not credited.
Any suggestions, please?
Answers
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I don't have that version but when I have an invoice paid that has expenses added into it, it doesn't change my actual expense account so I have to go in and manually add the credit to zero it out.
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ScottT18, Thank you for the comment. It is useful to know that you are experiencing the same result that I am.
I'll carry on trying to get Quicken to credit the expense account when the a/r is debited. If I'm unsuccessful, I'll use your work-around.
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