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Chapter 4 Working with Inventory, Vendors, and Customers Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution.

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Presentation on theme: "Chapter 4 Working with Inventory, Vendors, and Customers Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution."— Presentation transcript:

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2 Chapter 4 Working 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.

3 4-2 Objectives, page 111 1.Open the company, Your Name Retailers Inc. 2.Enter items and inventory preferences. 3.Enter vendor records. 4.Enter inventory items. 5.Print the vendor list and item list. 6.Enter bills and record purchase returns. 7.Pay bills. 8.Add a vendor and non-inventory item on the fly. 9.Enter customer records and defaults. 10.Record customer sales on account and sales returns. 11.Receive customer payments. 12.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 4-3 Items & Inventory Preferences pages 113-114

5 4-4 Merchandising Businesses and Vendors, pages 114-119 Vendors workflow diagram

6 4-5 Inventory Items and Lists pages 119-125 The Item List is shown on page 124.

7 4-6 Vendor Transactions pages 126-139 Enter bills window is shown on page 129.

8 4-7 Customers, pages 139-159 Customer workflow diagram

9 4-8 Account Reconciliation, pages 159-161 The Reconciliation Detail report is shown on page 160.

10 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.

11 4-10 Summary and Review pages 167-174 Each chapter ends with the following summary and review material: o Resourceful QuickBooks includes using the QuickBooks Learning Center. (From the Help menu, select Learning Center Tutorials.) o 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. www.mhhe.com/QBessentials2014 o End-of-chapter exercises must be completed. The company data accumulates in Chapters 1 through 6.

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