The expense is paid the same day.
Let's say you are buying Office supplies from your local store and you pay on the spot. This is an expense.
If you have an account with the shop and you can pay in let's say 10 days then this is a bill.
That's why usually expenses do not have 2 dates.
The expense is paid the same day.
Let's say you are buying Office supplies from your local store and you pay on the spot. This is an expense.
If you have an account with the shop and you can pay in let's say 10 days then this is a bill.
That's why usually expenses do not have 2 dates.