Hey! I would like as much information as possible on this subject. I have been in the recycling business for a few years now. The past few years the owner has used quickbooks to really just keep up with deposits and writing checks. Never really fully went into depth with it or caring to have numbers reconcile. In the next few months I will be taking on her position and I want to fully use quickbooks to track as much as possible. So for a recycling business my daily customers that come through the door would be considered a " vendor" on quickbooks.
1) Can I use qb to make purchase receipts for my "vendors"?
2) When I pay my vendor for scrap metal that I am buying would that go under the COGS account?
3) Should I keep up with inventory on qb or excel sheet be better?
3) Which qb product will cover all of my needs considering I would like to do all my own accounting?
