The best way to get started in QuickBooks is to add a vendor contact information. Vendors are the companies or people who owe money to you. You can use vendors tab in order to track them.
There are many ways to add vendors in QuickBooks online; the most common method is through the vendor center. So, follow these steps to set up a vendor account in QuickBooks.
- Go to the Vendor in QuickBooks and look for the vendor who is visible on the left of the menu bar.
- From the vendor center, you have the option to view which vendors you manage.
- In the top right hand corner is the “new vendor” button on the vendor center screen.
- When you click on a new vendor, the vendor information screen will open.
- Enter all the correct and detail vendor information and fill all the fields etc.
- Create or enter the first and last name of the company in the vendors field.
- Enter the name of a company.
- You can choose how your company name is displayed anywhere in the display name column.
- Enter the email of a vendor in the email field.
- Enter the phone number on a touch tone or rotary phone.
- Get the website of the vendor. It is an optional field.
- In the address field, enter the vendor’s of the address.
- In the note field, enter a description of what you need in this field. It will help us track your vendor accurately.
- Enter the vendor payment term.
- Leave the opening balance field blank.
- Enter your account number in the account number field.
- Press the save button to keep whatever you’ve typed up.
Setting up Vendors Accounts in QuickBooks for Mac
Follow these steps in order to set the vendor in QuickBooks for Mac:
- Open your QuickBooks window on your screen.
- Now go to the vendor menu.
- From the “vendor menu,” select the vendor center.
- To add a vendor, click the plus sign and select from the options that appear.
- Enter the vendor’s name, address, and contact info in the new screen before continuing.
- Exit the app by clicking on the “Save changes” button in order to exit and save your changes.
Here is a quick guide to vendor creation on QuickBooks.
- To access the vendor center, click on vendors on home screen
- It looks like the customer center. Selecting any vendor name on left would show up their information on the right.
- Type, address, map to their office, transactions, payments, purchase orders etc, are all viewable.
- You can also choose the dropdown arrow beside date, to choose a range of date for viewing records in that time.
- If you want to see the amount of money you gave to a vendor in a time frame, you may see it from here.
- There are Contacts, To Do, and Notes tab.
To create a New Vendor the steps are given below:
- At the top left click new vendor, and again on New Vendor
- Enter all information like name, opening balance, contact no, billing and shipping address
- From payment settings tab enter account no, credit limit, payment terms, and how QuickBooks would print the vendor name on check
- From tax settings you may check or uncheck if vendor is eligible for 1099
- Under accounts settings you may set if the vendor is liable for any expense to you.
- In additional info tab choose vendor type, and click ok.
- Now you see the vendor has been created with all info showing on the right side.
You may have questions related to Alteration Vendors in QuickBooks:
- How do I print a list of vendors in Quickbooks?
- How do you make a partial payment on a bill in Quickbooks?
- What is a vendor in quick books?
- How to Alter Vendor Numbers in QuickBooks?
- How QuickBooks expense categories list can be altered?
- How to Merge Vendors in QuickBooks?
- How do you mark a bill paid in Quickbooks?
- How to Refund from Vendor in QuickBooks?
- How to Delete Vendor in QuickBooks?
- How to edit expense categories in QuickBooks online?
- What Difference Between Customer and Vendor in QuickBooks?
Hopefully, with the steps given above clearly you can now easily edit and create vendors in QuickBooks. But, if you still face any kind of problem in understanding the steps or accessing the points properly, then you can give us a call @ to QuickBooks support team without any hesitation.
