QB Issue Resolution:
You can create a Journal Entry (JE) to record this transaction. Here’s how:
1. Go to the Plus icon and select Journal Entry.
2. In the Journal date box, enter December 31, 2018.
3. Under the Account column, select Accounts Payable (A/P).
4. Enter the transaction amount in the Debits or Credits column.
5. Specify a vendor in the Name field.
6. Make sure that the Debit column entries equal the sum of the Credit column entries.
7. Select Save.
After creating an entry for your bill transaction, record the payment. Follow the steps below:
1. Go to the Plus icon and select Journal Entry.
2. In the Journal date box, enter January 1, 2019.
3. Under the Account column, select the appropriate account used to pay the bill.
4. Enter the transaction amount in the Debits or Credits column.
5. Specify a vendor in the Name field.
6. Make sure that the Debit column entries equal the sum of the Credit column entries.
7. Hit Save.
For more information, take a look at this article: How to create a journal entry.
Though the steps in creating a JE will help you record your transaction, I’d still suggest consulting an accountant to ensure your books are correct.
That should answer your question for today. Please know you can always reach me here should you need any help with QuickBooks, I want to ensure your success. Thanks for coming to the Community and take care.
Resolution for Issue 'How to record invoice that I paid later under accrual method using Quickbooks Online Simple Start? I received an invoice of $10 from Google G-suite on Dec 31, 2018 for service provided from Dec 1-Dec 31, 2018. And auto pay applied on Jan 1, 2019. I have Quickbooks Online Simple Start. My company is C-corp taxed as S-corp. How should I record this transaction since I don’t have “Bill” function with Simple Start Plan? Should I record it to Dec 2018 or Jan 2019? What is the step by step instruction? Thank you very much.' available: Yes (Solved).
Source: Intuit Community forum.
How to record invoice that I paid later under accrual method using Quickbooks Online Simple Start? I received an invoice of $10 from Google G-suite on Dec 31, 2018 for service provided from Dec 1-Dec 31, 2018. And auto pay applied on Jan 1, 2019. I have Quickbooks Online Simple Start. My company is C-corp taxed as S-corp. How should I record this transaction since I don’t have “Bill” function with Simple Start Plan? Should I record it to Dec 2018 or Jan 2019? What is the step by step instruction? Thank you very much.: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.
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