bjp_ne_elec
Senior Member
- Location
- Southern NH
I'm new to Quickbooks (have QB Pro), so please bear with what may be some stupid quesions - but I'd like to get off to the right start.
1. Don't want to maintain inventory so intent is to purchase for the job. Typically I'll have one main purchase at the Supply House and I give the job a PO #. Can I just make an entry of each purchase (sometimes it's a list of 20 items, others it may be 4-5 as the job is winding down, and so I might end up with five invoices from the Supply House). So can I enter eacn invoice total, and then if so, under what pull down - again bear with some dumb questions.
2. Now on customer invoicing - typically I set it up so it's 50% at initial material delivery ,and then 25%/25%. I tried to do an "invoice" with the amount of the downpayment and it chocked, as it gave it a negative numberr - and then it prompted me to go to "Credit Memo" - then I was lost. Any tips on what to do here.
3. Tools - obviously, as I'm new in the business, I've been purchasing quite a few tools - so what pulldown do I go to do that.
Note - I've been working so that all my purchases are bought and paid for with my Company Debit Card - so can I just take my statements from the bank and just make appropriate entries for each purchase (when I buy tools or material) or payments (when I pay the supply houses for the monthly statments I recieve).
Trying to keep this simple - but maybe it's not. If I can get these three bigh "hurdles" worked out, I'm more than half way home!
Thanks,
BRett
1. Don't want to maintain inventory so intent is to purchase for the job. Typically I'll have one main purchase at the Supply House and I give the job a PO #. Can I just make an entry of each purchase (sometimes it's a list of 20 items, others it may be 4-5 as the job is winding down, and so I might end up with five invoices from the Supply House). So can I enter eacn invoice total, and then if so, under what pull down - again bear with some dumb questions.
2. Now on customer invoicing - typically I set it up so it's 50% at initial material delivery ,and then 25%/25%. I tried to do an "invoice" with the amount of the downpayment and it chocked, as it gave it a negative numberr - and then it prompted me to go to "Credit Memo" - then I was lost. Any tips on what to do here.
3. Tools - obviously, as I'm new in the business, I've been purchasing quite a few tools - so what pulldown do I go to do that.
Note - I've been working so that all my purchases are bought and paid for with my Company Debit Card - so can I just take my statements from the bank and just make appropriate entries for each purchase (when I buy tools or material) or payments (when I pay the supply houses for the monthly statments I recieve).
Trying to keep this simple - but maybe it's not. If I can get these three bigh "hurdles" worked out, I'm more than half way home!
Thanks,
BRett