Set up an accrual account for items received without a vendor bill

When you record a purchase for items received without a bill, you need to allocate the anticipated purchase amount to an accounts payable or inventory accrual account.

If the account does not exist, you need to create it. The account should be a liability account named, for example, AP Accrual - Inventory. For information on creating an account, see ‘Set up accounts’.

Before you can allocate transactions to this account, you need to make it the default linked account for items received without a vendor bill.

To link an account for items received

1	Go to the Setup menu, choose Linked Accounts and then Purchases Accounts. The Purchases Linked Accounts window appears.

2	Select the I can receive items without a Vendor bill option.

3	In the Liability Account for Item Receipts field that appears, type or select the inventory accrual account.

4

Click OK.

Related topics

■	Receiving items without a bill

■	Record items received without a bill