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COMPUTER ACCOUNTING WITH

QUICKBOOKS 2012

CHAPTER 05

Donna Kay

Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin

Vendors,

Purchases, and

Inventory

CHAPTER 5 OVERVIEW

Vendor List

Item List

Purchases

Vendor Reports

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VENDOR NAVIGATION

5-3

VENDOR LIST

Contains vendor information, such as

name, address, contact

Access from Home page or Vendor

Center

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ITEM LIST

Information about items purchased and

sold

Items can be:

Service items

Inventory items

Non-inventory items

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RECORDING PURCHASES

1. Create Purchase Order

2. Receive Inventory

3. Receive Bill

4. Pay Bill

5. Print Check

5-6

RECORDING PURCHASES

1. Create purchase order

2. Receive inventory

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ENTER BILLS

1. Enter Bills

2. Pay Bills

3. Print Checks

5-8

SALES TAX

Collected from customers at time of sale

Remitted to government

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VENDOR REPORTS

Access vendor reports from:

Report Center

Reports Menu

Vendor Center

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VENDOR REPORTS

Includes:

Accounts Payable reports: How much do

we owe?

Purchase reports: How much have we

purchased?

Inventory reports: How much inventory do

we have?

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TO LEARN MORE …

Turn to Chapter 5

Visit the Online Learning Center

http://www.mhhe.com/kay2012

Visit

www.myquickbooks.me

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