Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
Connect with and learn from others in the QuickBooks Community.
Join nowHi there, kim-z.
QuickBooks would first base on when the item was purchased. Since you recorded a bill and the items on the same date, QuickBooks will get the most items available. In your case, QuickBooks can accommodate Qty= 15 on the Rate=6.
Here's an article that will guide you what FIFO is and how is it used for inventory cost accounting.
Get back to me if you have further concerns.