Expense Account

Expense Account determines the general ledger classification of the expense for this item.  An Expense Account is optional.

When a Service Item is entered in the Enter Bills - Items tab, the Expense Account will be used for the expense record. If an Expense Account has not been entered, the Sales Account will be used for the expense record. 

When A Stocked Item is entered in the Enter Bills - Items tab, the Inventory Account is used to record the increase in inventory.