I'd be glad to help you receive inventory with a bill in QuickBooks Online, @applegrovecattle.

When you receive inventory from the purchase order (PO), we can convert this to a bill. By doing so, the quantity of the item will be added to the inventory (Products and Services) list. This keeps all the transactions connected and your accounts balanced.

Here's how:

1. Proceed to the +New button.
2. Under Vendor, select Bill.
3. Click the Vendor drop-down arrow and then choose the vendor's name.
4. All existing POs will show on the left side. Choose the correct PO and click Add. 
5. Click on Save and close once done.

Additionally, let me share this links to help manage your inventory, bills and purchase orders:

• Set up and track your inventory in QuickBooks Online
• Add purchase orders to expenses, bills, or checks in QuickBooks Online

Feel at ease to comment below if you have further questions about handling inventory with a bill in QBO. I'll be happy to help you. Keep safe!