Background:
- Our production team is pretty adamant about not counting inventory on hand until we receive it. I think this means we would use the Enhanced Inventory Receiving (EIR) function in Quickbooks.
- We buy inventory parts with a credit card. Then we receive the parts several days or weeks later. Then we do our assembly build. What would be the workflow for this scenario? How does this change the workflow outlined for EIR?
The QB EIR Workflow that I found is:
1. Enter a PO
2. Receive Items against a PO
3. Enter Bills (which closes out the PO)
- But what if we pay for the inventory items with a credit card weeks or days before we receive them?
- What is the workflow in this instance so the payment is made when we paid it, but the PO stays open until we receive the items so we can track what is still hasn't been received?
- And when we do receive them, how to close the PO without entering a bill?
