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QuickBooks 2024 All-in-One For Dummies
book

QuickBooks 2024 All-in-One For Dummies

by Stephen L. Nelson, Christian Block
November 2023
Beginner content levelBeginner
640 pages
16h 20m
English
For Dummies
Content preview from QuickBooks 2024 All-in-One For Dummies

Chapter 2

Paying Vendors

IN THIS CHAPTER

Bullet Working with purchase orders

Bullet Recording receipts and bills

Bullet Sending payments to vendors

Bullet Using the other vendor menu commands

You can make the process of tracking vendor information as simple or as sophisticated as you like. In this chapter, I assume that you’re going for sophisticated. You can make vendor management simpler, however, by not using purchase orders or an accounts payable system.

Tip You decide whether to use purchase orders and whether to track accounts payable (amounts that you owe vendors) as part of setting up QuickBooks. You can change your decision about using purchase orders or accounts payable later. To do this, you choose the Edit ⇒   Preferences command. For more information, refer to Book 2, Chapter 3.

Creating a Purchase Order

A purchase order serves a simple purpose: It tells a vendor that you want to purchase some item. In fact, a purchase order is a contract to purchase.

Many small businesses don’t use purchase orders. ...

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Publisher Resources

ISBN: 9781394206353Purchase Link