Question
Asked By VelvetStarlight36 at
Answered By Expert
Rodney
Expert · 2.1k answers · 2k people helped
To determine the most useful QuickBooks function for Shariz to record the receipt of a vendor invoice, we need to analyze each option and match it with the task at hand.
Solution By Steps
Step 1: Identify the Task
The task is to record the receipt of a vendor invoice. This implies that an invoice has been received from a vendor and needs to be documented in QuickBooks.
Step 2: Analyze Each Option
New Invoice: This is typically used to create an invoice to send to a customer, not to record an invoice received from a vendor.
Add Bill: This function is used to enter bills that your business owes to vendors. It is the process of recording an invoice received from a vendor.
New Expense: This is used to record expenses, not specifically for recording vendor invoices.
Add Receipt: This is generally used to record receipts of payments made, not for recording vendor invoices.
Process Payment: This is used to make payments on bills, not to record the receipt of an invoice.
Step 3: Select the Appropriate Function
Based on the analysis, the function that directly relates to recording a vendor invoice is Add Bill.
Final Answer
The most useful QuickBooks function for Shariz to record the receipt of a vendor invoice is Add Bill.
🧑🏫 More Questions
👉 Interested in exploring further?
Chrome Extension
1. Search answers from our 90+ million questions database.
2. Get instantly AI Solutions powered by most advanced models like GPT-4, Bard, Math GPT, etc.
3. Enjoy one-stop access to millions of textbook solutions.
4. Chat with 50+ AI study mates to get personalized course studies.
5. Ask your questions simply with texts or screenshots everywhere.