Purchases

This section explains how to enter information about your purchases. You record a purchase by specifying the vendor details, the purchase form layout (item, service, professional, or miscellaneous), status of the purchase (quoted, ordered, received, or billed), and details of the purchased items or services.

This section also explains how to pay your vendors for these purchases, how to deal with vendors who owe you money (settling a vendor debit), and how to review and analyze your entire purchasing activity with a variety of reports and analytical tools.

In this section

■	Creating a vendor card

■	Entering purchases

■	Receiving items without a bill

■	Creating a purchase order from a sale

■	Changing the status of a purchase

■	Reviewing your purchases information

■	Paying bills

■	Preparing electronic payments

■	Recording and settling vendor debits

■	Adding finance charges paid to vendors