New to quickbooks and am currently using Quickbooks online essentials. I do not keep inventory and just order parts as needed for clients. I add a new non inventory part but I dont see the i buy this part from a vendor information. Need to get my cost in there as well as sell price.
Thank you for your prompt reply. Allow me to join the thread and answer this query for you.
What you said is right. You'll need to upgrade your QuickBooks Online (QBO) subscription to the Plus version, at the least. It allows you to input a cost and an expense account for a non-inventory item.
See the Plans and Pricing page for a comparison of QuickBooks products available features.
Feel free to get back here in the Community if you have other questions with your QBO company. I'll be around to help you out.