[GNC] Should one use Accounts Payable if a vendor is paid immediately ?

[Dr. David Kirkby]

On Sun, 27 Nov 2022 at 20:57, Stan Brown <the_stan_brown at fastmail.fm> wrote:

> What David says is true.
>
> However, if you create two transactions:
>       Debit to Expense:something
>       Credit to AP:this vendor
> and
>       Debit to AP:this vendor
>       Credit to Assets:Cash or bank account
> then the vendor's account will show the whole history of your purchases
> from that vendor.
>
> I think either way is valid from a strictly accounting standpoint. The
> choice comes down to what reporting you think you might want later.
>
> Stan Brown
> Tehachapi, CA, USA
> https://BrownMath.com


Being able to see all transactions from a vendor would be nice. Can I only
get that if I post a bill, then pay it?

Dave