Level 1

I am quite confused about making of purchase order i want to enter our product and frieght chgs in one purchase order so i request here anyone share screen sort of po.

for example our product 50,000/= freight 7,500/= how can i enter these figures in one purchase order and thats prodct cost is 57,500/= I request to anyone here in QB community, please share a screen shot of the above-giving figure and made a purchase order so I easily get it where am I wrong to create it.clear
Moderator

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Hello there, aadnanshah92,

 

You can add a Product/Service item and name it as freight charges. You'll be able to add it on the purchase order.

 

Here's how to create a new item:

 

  1. Click Sales on the left pane.
  2. Select Product and Services.
  3. Click New.
  4. Select Product/Service information type.
  5. Enter Freight Charges under Name, then enter or select necessary information.
  6. Click Save and close.

I have attached a screenshot below for the sample PO. You can also check this article to know more about PO: https://community.intuit.com/articles/1772848.

 

Leave a comment below if you have additional questions.

Level 1

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so its means product cost 57,500/= and that amount hit the the time of profit & loss ?
Moderator

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Thank you for getting back to me, aadnanshah92.

A purchase order is a non-posting transaction. It will not show on the Profit and Loss report unless you convert it to a bill.
Level 1

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I agree with you , I am sorry if I am not express my point of view correctly, I mean to say my product cost at the time of import is 57,500 so how can i treat in QB (for example new purchase product record in PO 50,000 & what can i do import-related expenses Freight charges 7,500 in QB that concern with my actual product cost kindly share the screen sort and hit the figure in profit & loss too.
Moderator

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It's okay, aadnanshah92.

You can create a PO worth 50,000, then when you convert it to bill, you can add the expenses for freight charges. Both will hit the P&L report.

However, freight charges will be under a different account. Since an expense account will be created for it. Check this article to know how to create expenses: <a rel="nofollow" target="_blank" href="https://community.intuit.com/articles/1790429">https://community.intuit.com/articles/1790429</a>.

I have attached another screenshot above on how to create an expense account.