How to receive and pay for inventory in QuickBooks Desktop

QuickBooks Desktop helps you manage purchasing inventory with purchase orders, bills, and stock status reports.

First, you run reports to determine what you need to order. Next, record a purchase order for inventory. When your vendor ships the items, you receive the items in QuickBooks with a bill. When you're ready to pay the bill, you record the bill payment.

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[tariqhameed]

I think it's official now that desktop version of QB is replacing by QBO by 2023 . Can you do the same for QBO, so we get more familiar with complex situations please

[annieglassen]

the company i work for has used quickbooks forever but has never used the inventory/PO functions. i want to start using them but i am wondering do i have to set up all new items? or should i use the same item/item number that i use when invoicing a customer for things i buy to resell?

[JayVuni]

Can one enter a bill to add inventory without the purchase order?

[Jencarbs]

I have a mess on my hands. Bills were paid incorrectly and I deleted the bills and it reopened PO's that had been received already. This messed up inventory. Any suggestions on how to fix this?