Expenses or Bills?
Expenses or Bills?
I've used Quickbooks for 13 years and migrating to Zoho manually. I decided that it is better to just start off with Zoho as of January 1, 2018 and keep all the old data in QB for now. I'm a fine artist and I just always entered my expenses, both operating expenses and COGS, into QB and itemized them into fields that I will need for TurboTax. In Zoho, I started to enter these new ones as "expenses" but then I see that there is also "bills". Either way, 99% of my costs/expenses go on a credit card which then gets paid off every month. Is there an advantage to entering these as "bills" vs. "expenses"? When I run a report for expenses for the year to date, they all are in there so what is different about entering them as "bills"?