Get 50% OFF QuickBooks for 3 months*

Buy now
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Simplify payday and set payroll to run automatically on QuickBooks. Explore QuickBooks Payroll

Reply to message

View discussion in a popup

Replying to:
Rainflurry
Level 15

Reply to message

@fortresssara 

 

You don't choose the date, it is based on which accounting method (cash or accrual) you use.  On cash basis, the credit will hit your financial statements as of the date that it is applied to the bill.  On accrual basis, the credit will hit your financial statements as of the credit date.  

Need to get in touch?

Contact us