question archive 1)How do "Enter Bills -> Pay Bills" feature differ from "write check" feature? A) Enter bills for expenses recognized on the bill's date and use the Pay bills option to pay in the future, utilizing the Accounts Payable account
1)How do "Enter Bills -> Pay Bills" feature differ from "write check" feature? A) Enter bills for expenses recognized on the bill's date and use the Pay bills option to pay in the future, utilizing the Accounts Payable account
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1)How do "Enter Bills -> Pay Bills" feature differ from "write check" feature?
A) Enter bills for expenses recognized on the bill's date and use the Pay bills option to pay in the future, utilizing the Accounts Payable account. Write check is only used to create expenses that are immediately paid, bypassing Accounts Payables.
B) Enter bills for expenses recognized only on the day they get paid using the Pay bills option. Write check recognizes the expenses when the check clears the bank
C) Enter Bills are assets that are converted to liability with the Pay bills function. Write checks records expenses paid by check only
D) They all serve the same function and affect the accounting the same
