O'Reilly logo

Microsoft® Office Accounting Professional 2007 Step by Step by Curt Frye

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 13. Purchasing from Vendors

Chapter at a Glance

image with no caption

In this chapter, you will learn to:

  • Create a vendor record.

  • View the vendor list.

  • Create a purchase order.

  • Receive purchased items.

  • Pay vendor bills.

  • Prepare 1099 forms for vendors.

Vendors are the companies and individuals from whom you purchase goods and services. Legal advice, office supplies, contract labor, and inventory items are all examples of the kinds of services and materials you buy from vendors. Transactions with vendors affect the balances of the Accounts Payable account, your inventory account (if your business holds inventory), and expense accounts.

In Microsoft Office Accounting Professional ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required