Entering expenses

-user- · ‎March 14, 2021

How do I enter items that I purchased to manufacture the products I sold in 2020? These are mostly consumable tooling and raw materials. Is there a way to enter the total cost as 1 figure to speed up the data entry? I have Quickbooks Desktop Pro 2019.

IamjuViel · ‎March 14, 2021

Greetings, @User.

You can choose a specific expense account then use it in recording the total amount of your purchased items. I can guide you n doing so.

Go to the Vendors menu.
Choose Enter Bill.
Select the Vendor's name.
Set the date of the transaction.
From the Account column in the Expenses tab, select the expense account use to track your cost of goods sold.
Enter the rest of the purchase details.
Click the Save and Close button.

You can read through this article for the step-by-step instructions: Enter bills in QuickBooks Desktop.

Leave a post below if you have other questions or concerns. I'm always here to help.