The difference between a bill and an expense can be explained as follows:
|Basic concept||Expenses which are paid immediately.||Expenses which are paid later.|
|Example||You refuelled your car at a gas station and paid cash.||You receive an invoice from your telephone service provider which you want to pay through bexio.|
|Accounts payable booking||No||Yes|
|Payable directly through bexio||No||Yes|
|Can be assigned to a project||Yes||No|
These are only details, however: the two types of booking are identical in all other respects.