I can share some information about adding stock items in your account, @Harrisont.
Yes, you can create a bill if you'll pay your supplier later out of the purchase order that you've sent to your supplier. If you paid your supplier on the spot, create a cheque or an expense.
For more information about turning on the purchase order feature and creating one, refer to this article: Create and send purchase orders in QuickBooks Online.
To create a bill:
- Go to the + New and select Bill.
- From the Payee dropdown, select the supplier. This opens a window with their open purchase orders.
- Click Add for the correct purchase order. This adds the items from the purchase order and will now appear in the Item details section.
- Select Save and close.
To know more about adding a bill from the purchase order or removing it, see this article: Add purchase orders to expenses, bills, or cheques in QuickBooks Online.
To guide you further about adding stock items, service items, non-stock items, and tracking your sales, check this article: Set up and track your stock in QuickBooks Online.
If you have other questions or need further assistance with your stocks, let me know in the comment. I'll be more than happy to help. Have a wonderful day!
