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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
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
5-2
VENDOR NAVIGATION
5-3
VENDOR LIST
Contains vendor information, such as
name, address, contact
Access from Home page or Vendor
Center
5-4
ITEM LIST
Information about items purchased and
sold
Items can be:
Service items
Inventory items
Non-inventory items
5-5
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
5-7
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
5-9
VENDOR REPORTS
Access vendor reports from:
Report Center
Reports Menu
Vendor Center
5-10
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?
5-11
TO LEARN MORE …
Turn to Chapter 5
Visit the Online Learning Center
http://www.mhhe.com/kay2012
Visit
www.myquickbooks.me
5-12
