I am taking over the accounting at my company and have been instructed that I am not to pay any vendors unless we have received an invoice, regardless of the aging in Quickbooks. The current method used is putting invoices in an email folder marked future payments and as aging of the bill become due, check to see if a invoice is in said folder.
Is there a way to mark a PO or Bill as invoice received?
We are using QB Enterprise Manufacturing & Wholesale with Advanced Inventory Tracking. I did notice the PO approvals that we are yet to turn on, is there maybe a way to approve a PO/Bill for payment?
