Bills vs Payments

There are two types of expenses within Akaunting: Bills vs Payments.

TL;DR

Bill is a planned and itemized expense, Payment is an instant and simple expense.

Bills

Bill is a document received from your vendor that indicates the items (product or service) bought by you. It is generally not paid yet.

Payments

Payment is a non-billable and paid expense. For example, food that you eat while on business trips. There are no items within the payments. Do not confuse this with payments added to a bill/invoice.

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