Bill received date

The date the business received a vendor bill and, on accrual basis, normally recognizes the expense and payable.

In Solo Superstars

Where it is used: Purchases uses it to place the bill in the correct period independently of when the bill is paid.

Example

A June utility bill received June 28 and paid July 5 is a June accrual expense.

Codes shown are the defaults a new workspace starts with. Yours may be renamed or renumbered — check Accounting › Chart of accounts. See the full default chart.

Also called

  • received date
  • vendor invoice date

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