Shariz needs to record receipt of a vendor invoice. Which QuickBooks function would be most useful?

Shariz needs to record receipt of a vendor invoice. Which QuickBooks function would be most useful?

A. New invoice.

B. Process payment.

C. Add receipt.

Answer: C. Add receipt.

The most beneficial tool on QuickBooks in this case is the “Add Receipt” one, which is intended to track down the receipt of vendor invoices. After a vendor or supplier sends an invoice to a company, the invoice then is entered into the accounting system to be listed as a record showing what amount is due. In QuickBooks, “Add Receipt” function allows proprietors to put into electronic system the vendor invoice detail which includes name of vendor, transaction number, date, as well as total amount due. Hence, this brings about proper analysis of accounts payable and in turn, create a well-documented audit trail which may refer to purposely of reconciliation in future. Through utilizing the “Add Receipt” function, companies can efficiently handle their supplier bills from within one application such as QuickBooks