Forum Discussion
2 Replies
- pippypip2 years agoTrusted Cover User
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.
- Genreve_S2 years agoMYOB Moderator
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
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