QuickBooks Online For Dummies, 8th Edition

Chapter 12

Working with Purchase Orders, Estimates, Projects, and Tags

IN THIS CHAPTER

Knowing how to track amounts through purchase orders

Establishing forecasts with estimates

Getting organized with the Projects feature

Using Tags

In Chapter 6, I discuss most, but not all, of the sales-related transaction forms in QuickBooks, including invoices, sales receipts, credit memos, bank deposits, and refund receipts. Chapter 7 covers most, but not all, expense-related transaction forms, including expenses, checks, bills, and vendor credits. In this chapter, I round out the sales and expense cycle with a discussion of purchase orders and estimates, as well as projects and tags.

Purchase orders, often called POs, can be thought of as pre-bills, as they track amounts that you will ultimately pay to vendors once goods are delivered or services are rendered. This chapter shows how purchase orders and estimates can be closely related if you want. If a purchase order is a pre-bill, then estimates are pre-invoices, in that they track amounts that your customers will eventually pay.

Finally, projects ...