Money flowing out of your company is managed with Accounts Payable. There are different ways of entering purchases into QuickBooks or other accounting systems depending on what type of business you are, how you have QuickBooks set up, your vendor relationships and your purchasing habits.
Typically, there are two methods of purchasing. Paid upon receipt and paying a vendor bill on terms. Managing when your bills are paid based on credit terms and cash flow, can have a significant impact on your company. Here are the options for streamlining your A/P processes.
Bill.com is a SAS (Software as a Service) solution that can help you manage your accounts receivable, accounts payable, cash flow and online document storage needs.