How do you record a vendor payment in QuickBooks Online?

To record a vendor payment in QuickBooks Online, the process involves accessing the "Expenses" menu, selecting "Vendors," and then clicking "Make a Payment." This method is specifically designed for handling payments that are owed to vendors for purchases made, ensuring that the transaction affects both the accounts payable and the cash/bank account appropriately.

Using the "Make a Payment" action allows users to choose the specific vendor they are paying, enter the payment amount, select the payment method, and even link it to any outstanding bills if applicable. This streamlined approach not only records the payment but also updates the vendor balance, helping maintain accurate financial records.

Other methods mentioned, such as going to the "Sales" menu or using the "Banking" menu, do not specifically address vendor payments; they are more suited for customer transactions or bank-related actions. Creating a new invoice also does not pertain to recording a payment but instead to billing a customer, which reinforces the importance of using the correct functions for accurate financial recording in QuickBooks Online.