PURCHASES AND BUSINESS COSTS

Expenses & Inventory

Record what your business buys, what it owes, and what it has paid.

These guides follow the groups on PiggyZen’s Expenses & Inventory screen.

Choose the right starting point

  • An expense paid immediately: use Record Paid Expense.
  • A supplier bill to pay later: create a bill, mark it as received, then record its payments.
  • Goods bought for resale: use Purchase Inventory, choosing Pay Now or Bill.
  • A payment for an existing bill: use Bill Payment so the bill’s outstanding amount is updated.
Record the purchase once.

If a purchase is already recorded as a bill, its payment should not also be entered as a new paid expense or expense import.