QuickBridge will create the following in QuickBooks when Posting Detailed Purchase Orders
The following accounts will get created in the Chart of Accounts
Income Accounts:
- Sales
- Shipping and Delivery Income
- PO Discount
Other Current Asset Accounts:
- Inventory
Cost of Goods Sold Accounts:
- Purchases – Resale Items
- Freight and Shipping Costs
Expense Accounts:
- Small Order Fee
- Shipping Fees
- Other Charges
The following items will get created in the item list
Other Charge Type:
- PO Discount – PO Discount Income Account
Inventory Part Item Type:
Products related to the bill being posted, will get created, if they don’t exist in QuickBooks
The following fields will be populated:
- Item Name/Number
- Description on Purchase Transactions
- Description on Sales Transactions
- COGS Account – Purchases – Resale Items
- Asset Account – Inventory
- Income Account – Sales
Vendor List:
Vendor names related to the bills being posted will get created, if they don’t exist in QuickBooks
Only the Vendor Name field will be populated
Class List:
By default, a class will get created for each product that’s posted with the product name. If “Do not Post Product Class to QB” is checked off in the options menu, it will create one class named “SellerCloud”.
In the event that information added is unnecessary, you can make the field inactive so it won’t display. Deleting it will not work, as it will be re-created in the next post.