Bills

Bills versus expenses

Understand when to use Bills and when to use Expenses.

Bills and expenses both relate to business costs, but they are useful in different situations.

Use Expenses when

  • You paid immediately.
  • You only need a simple cost record.
  • There is no supplier bill to track.

Use Bills when

  • A supplier issued a bill or invoice.
  • You need to track unpaid or part-paid amounts.
  • You want bill items.
  • The bill may update stock.
  • You need supplier history.

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Bizwazi helps small businesses record sales, expenses, invoices, inventory, bills, transfers and daily balances so the money makes more sense.