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QuickBooks 2015: The Best Guide for Small Business by Leslie Capachietti, Bobbi Sandberg

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Chapter 3

Creating Items, Other Lists, and Your Beginning Balances

In this chapter:

               •  About items

               •  Creating items

               •  Using QuickBooks lists

               •  Class types and other lists

               •  Creating opening balances

This chapter introduces you to additional lists and items you may use in your transactions. QuickBooks uses items to list the things you sell in sales-related transactions. You can also use items on a bill to tell QuickBooks about the things you buy from a vendor. An item can be a product (that you may or may not be tracking as inventory), a service, or any necessary entry on a sales or purchase transaction. You’ll learn about many of the different items you can use ...

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