Vendors are the companies or people you buy services and products from, like…your landlord, the office supply store, or a computer repair technician.…In QuickBooks, you create a vendor record to keep track of the information about…one of your real-life vendors.…QuickBooks uses that information to fill out bills, vendor credits, and other…vendor-related transactions.…Just like with customers, the Vendor Center is the best way to create a new vendor.…On the homepage, click the Vendors button.…
Then in the Vendor Center, click New Vendor and choose New Vendor on the dropdown menu.…In the New Vendor dialog box, the Vendor Name is a field to identify a vendor.…You can type a code or the full vendor name in the box.…You can use the same name in the Vendor Name and Company Name box if you want.…Leave the Opening Balance box empty.…The best way to get a vendor's balance into QuickBooks is to create bills for…the money that you owe.…
Then you can fill in the rest of the contact information on the Address Info tab, …
Author
Released
2/24/2010- Establishing a company file and Chart of Accounts
- Creating purchase orders and paying bills
- Invoicing customers
- Tracking time, mileage, and other non-inventory items
- Monitoring sales and inventory
- Paying sales tax
- Reconciling accounts and bank statements
- Running and printing reports
Skill Level Beginner
Duration
Views
Q: I have QuickBooks Pro 2011. Will this course work for me?
A: Yes. The changes in QuickBooks Pro 2011 are minor, and all the information in QuickBooks 2010 Essential Training applies to QuickBooks 2011.
Related Courses
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Excel 2010 Essential Training
with Bob Flisser6h 21m Beginner -
Excel 2010: Financial Functions
with Curt Frye2h 18m Intermediate
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Introduction
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Welcome52s
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Editions of QuickBooks3m 24s
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Disclaimer36s
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1. Touring QuickBooks
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Opening a company file2m 4s
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2. Setting Up a Company File
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Creating a company file5m 33s
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3. Setting Up a Chart of Accounts
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Creating an account2m 26s
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Making an account inactive2m 17s
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4. Setting Up Customers, Jobs, and Vendors
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Creating a customer profile3m 40s
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Adding customer information4m 32s
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Creating a job2m 18s
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Making customers inactive1m 38s
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Creating a vendor2m 40s
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5. Setting Up to Sell Services and Products
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Why use QuickBooks items?2m 59s
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Creating a service item4m 26s
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Setting up time tracking2m 52s
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Entering time4m 19s
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Tracking mileage4m 34s
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Setting up sales tax2m 14s
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Creating a group of items2m 16s
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Making items inactive1m 42s
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6. Paying for Expenses
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Entering a bill4m 37s
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Paying bills4m 5s
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Writing a check for expenses3m 17s
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Paying with a credit card1m 40s
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Paying with cash2m 53s
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Paying sales tax2m 17s
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7. Invoicing
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Creating an estimate2m 49s
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Handling a customer credit4m 57s
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Producing a statement4m 44s
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8. Printing and Emailing Forms
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Setting up print options4m 13s
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Printing one or more forms4m 29s
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Emailing a sales form3m 2s
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9. Receiving Payments
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Receiving a payment3m 49s
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Depositing payments3m 31s
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10. Reconciling a Bank Account
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Correcting discrepancies5m 33s
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11. Running Reports
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Running a report3m 45s
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12. Working with Journal Entries
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Why use journal entries?3m 3s
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13. Managing Your Company File
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Creating a new user4m 58s
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Backing up your company file6m 10s
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Restoring a company file2m 31s
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Conclusion
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Goodbye27s
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Video: Creating a vendor