Slide 1

Chapter 4Working with Inventory, Vendors, and Customers

Copyright 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education.4-2Objectives, page 111Open the company, Your Name Retailers Inc.Enter items and inventory preferences.Enter vendor records.Enter inventory items.Print the vendor list and item list.Enter bills and record purchase returns.Pay bills.Add a vendor and non-inventory item on the fly.Enter customer records and defaults.Record customer sales on account and sales returns.Receive customer payments.Make backups.The chart in the Preface, page xii, shows the file name and size of each backup file. Refer to this chart for backing up data. Remember, you can back up to a hard drive location or external media.

4-3Items & Inventory Preferencespages 113-114

4-4Merchandising Businesses and Vendors, pages 114-119Vendors workflow diagram

4-5Inventory Items and Listspages 119-125The Item List is shown on page 124.

4-6Vendor Transactionspages 126-139Enter bills window is shown on page 129.

4-7

Customers, pages 139-159

Customer workflow diagram

4-8Account Reconciliation,pages 159-161

The Reconciliation Detail report is shown on page 160.4-9

Reports, page 161-166

After completing the work within Chapter 4, this trial balance is shown on page 161. Additional reports are shown on pages 162-166.

4-10Summary and Reviewpages 167-174Each chapter ends with the following summary and review material:Resourceful QuickBooks includes using the QuickBooks Learning Center. (From the Help menu, select Learning Center Tutorials.)Multiple choice questions, True/Make True or Short Answer, and the Analysis questions are online at www.mhhe.com/QBessentials2014. Your instructor may want you to take these online tests or email the QA Templates.End-of-chapter exercises must be completed. The company data accumulates in Chapters 1 through 6.