Pro Tip – Shortcut Timesaver – CTRL + W = instantly open the Write Cheques window to record bank fees, expenses already paid and that are paid immediately, (commonly only enter bills as purchases that are for stock, but some enter all bills due in a few weeks time). If you don’t record any bills as purchases, but only when you pay them and they appear on the bank statement, you are running a cash accounts. If you enter some or all bills by purchases, you are running accrual accounting
