advance payments without increasing inventory untill items are recieved
If a pay a vendor in advance, and I haven't receive the item yet, how can I pay it without increasing my inventory? I am paying with cash, not credit! Thank you for your help!
If a pay a vendor in advance, and I haven't receive the item yet, how can I pay it without increasing my inventory? I am paying with cash, not credit! Thank you for your help!








Here's a knowledge base article (KB) which provides info on handling prepaid inventory--read the section on QuickBooks: http://support.quickbooks.intuit.com/support/Pages/KnowledgeBaseArticle/1...
PLEASE mark this answer as solved or post additional questions. Thanks so much!!!
Michelle L. Long, CPA, MBA
Author of the book "Successful QuickBooks Consulting: The Comprehensive Guide to Starting and Growing a QuickBooks Consulting Business"
National Trainer for Intuit Trainer/Writer Network
Advanced Certified QuickBooks ProAdvisor