Thank you for posting here in the Community, @CaptureIT.
I'll walk you through creating an expense transaction to record your online purchase.
You can directly record the purchase as an expense in QuickBooks Online(QBO).
Here's how:
- Go to + New, then select Expense.
- Under the Payee field, choose the supplier.
- For the Payment account field, select the account you used to pay for the expense.
- In the Payment date field, enter the date for the expense.
- From the Payment method field, choose how you paid for the expense.
- For the Category details section, enter the expense information. In the Category dropdown, select the expense account you use to track expense transactions. Then enter a description.
- Enter the Amount and VAT.
- Click Save and close.
I recommend consulting an accountant for further guidance regarding the account you can use to avoid messing up your books in QBO.
You can also check some information to get started with QuickBooks Online. It provides helpful tips about the available features.
You can always get back to me by clicking the Reply button below if you need additional assistance recording expenses in QuickBooks Online. Have a great day.
