QBO QuickBooks Online - Purchase and Sell Inventory

Learn how to record an inventory purchase as well as an inventory sale in QuickBooks Online (QBO) Plus.

[carissaparfet]

How about as I purchase inventory after current inventory import...do I create a expense each time I purcahse inventory? I do have my bank account connected. I am worried that I will expense the purchase twice... once the transaction comes in from my bank by categorizing expenses, then as items sale doing a sales receipt creating a expense manually. I hope this makes sense.

[brainybricks]

My Expense Screen is different. Product/Service Shows up as Category.

[walkerstorrer]

How do you then associate the bill to the actual transaction in your bank account where you spent the money?