In QuickBooks Desktop, after recording a purchase order, you can receive inventory with bill or without bill. Recording the inventory received and the corresponding bill, if given, updates the quantity on hand for each item, and the payable to the vendor.
Receive inventory with bill
Use this option if you received the items and the corresponding bill/s for them.
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- Click Save & Close.
- When you are ready to pay the bill, proceed to Pay Bills.
Receive inventory without bill
Use this option if you received the items but the vendor did not provide the bill yet. This will create an Item Receipt which increases your inventory asset account and accounts payable.
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