How to Set Up Vendors Profile in QuickBooks
QuickBooks accounting software is day-to-day increasing throughout the world of accounting because of its advance tools and options that manages and resolves each problem/errors. Its one most important feature is to ‘Set-up Vendor Profile’. It helps you in identifying different vendors, provides option to import vendor’s information easily, modify them as well, as make a research over vendor’s activities. QuickBooks successful records over each owed items/services from vendors.
Steps To Set-Up Vendors In QuickBooks
- First, go to the QuickBooks file menu, then proceed to ‘vendor center’ under the ‘vendors’ option menu.
- Then from upper right corner, you need to click on the ‘new vendor’ option.
- Now ‘edit’ all the required information about the vendors such as; name, address details, notes, email address, contact details, website, payment terms, ID of tax, etc.
- Then add other information of vendors, including attachments of documents as per file, billing rates, account number, opening balance for outstanding balances.
- After completed with the above steps, you need to do a review over all your entered information accurately.
- Select an auto-complete widget for getting helps at the next time because it suggests you about businesses in your areas.
- Then click ‘ok’ to save.
Advantages To Set-Up Vendors Under QuickBooks
- It helps you by tracking your all expenses or payment information of the business by the vendor.
- It optioned users to easily find vendor’s transaction details and researching vendors’ transactions.
- It increases business efficiency by entering vendors’ bills smoothly and fast including all information such as date, address, etc.
- QuickBooks saves users most of the time from editing data and importing vendors.
- QuickBooks Technical Service Phone +1800-993-4190.
Related More: QuickBooks Enterprise Support