spend money or create a bill?

Question

I have the choise between creating a bill or adding a spend money transaction. How do I know which to use?

Genreve_S · Answer

Hi @Linesman,

Thanks for bringing your question to the forum!

In addition to what @pippypip mentioned, it's worth noting that spend money records payment transactions directly, whereas a created bill will first record a payable transaction, allowing you to create a payment for it later.

If you need further clarification or have any more questions, feel free to ask. We're here to assist!

Thanks,
Genreve

pippypip · Answer

I think its a personal choice. Because I spend often on smaller purchases and pay for items at time of purchase, (not on credit) I find doing a spend money transation quicker and smipler. I will occasionally create a bill on a larger purchase partitally if I dont pay for it imminently. eg 30 days. Also by raising a bill, the outstanding amount will show on your dashboard to remind you of the pending payment. Generally, purchase paid for at time of purchase (spend money). Purchase on credit I create a bill.