Thank you for your quick response.  First time somebody has responded to my queries.

1.  I keep the 'Item" icon on my icon bar, like other often used areas, so I don't need to go through the extra step of going to "Lists" or other places to find what I'm looking for.

2.  Most of the time I purchase the same items from my vendors, so the date on the "Purchase Description" would have to be constantly changed.  This is not time effective and I would still have to do a "Quick Report" on each item to find the dates of purchase.

3.  If QB/Intuit can make the Quantity redundant with a Bill during the entry of a new item, they can also do it with the Purchase Date.  The redundancy they've made with the quantity is dangerous, but with the Date of Purchase is not.

4.  Sometimes there is no need to waste time creating a "Purchase Order" for every purchase of items, if you've already purchased them before. And if you've already purchased them before, you still have to go to the Items List, open the item, and change the date on the Purchase Description, Again.

5. The only workable solution I see is that QB/Intuit link the item purchase date with a Bill also, so as to generate the Purchase Date Column in the Item List.