You can create the inventory asset and prepaid inventory accounts in QuickBooks Online. Then, create a bill with quantity and zero rates or cost. Let me guide you through of the detailed steps.
Click Products and Services.
Edit the inventory item. Under Inventory asset account, select your preferred account or click the drop-down to Add new.
Under Expense account, choose your "prepaid inventory account".
Click Save and close.
Once done, go to Create (+), then Bill to receive the item.
Please check out these articles for more information:
Set up and track your inventory.
Use reports to see your sales and inventory status.
You might also want to visit our page for future help: Inventory and projects.
Don't hesitate to comment anytime if you have other questions.
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