Chapter 5. Making Purchases and Recording Payments

What You’ll Do

Set Purchases and Vendors Preferences Use Purchase Orders View Items on Purchase Orders View Vendor Information Receive Goods Receive a Partial Order View Unpaid Bills Reports Pay Bills Take Discounts Use the Check Register Edit Bill Payments Delete Bill Payments Set Checking Preferences Write Checks Print Checks Void Checks Create Purchase Reports

Nearly every business engages in spending of some sort. Businesses purchase inventory items, pay rent, buy supplies, clean their premises, pay employees, purchase equipment; the list goes on and on. The tasks described in this chapter will assist you in keeping track of your expenditures and knowing how much it costs to run your business. Besides knowing how much you spend, it’s important to know how much you owe and when your payments are due. You can have all this information at your fingertips when you track your expenses using QuickBooks.