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R
Rea3
September 29, 2019
Question

Selling items on purchase order.

  • September 29, 2019
  • 1 reply
  • 0 views

Hi, 

 

I would like to know if QBO allows the sale of items that are on purchase order but haven't been received in yet. 

 

We currently sell items via our online store and in-store that are coming in on future containers. If I put this as a purchase order without having received it in stock will it allow me to sell these? 

 

And, if so, will the correct quantity be updated once they are received? eg, I have 20 coming in, sell 10 on pre-sale (making stock -10), when stock is receipted it will only show 10.

 

Thank you. 

1 reply

JessT
JessT
September 29, 2019

Hello Rea!

 

Yes, you can create a sales transaction for the items that are still on PO. You can actually create one even if you don’t a PO. The effect of this is you will have a negative Quantity on Hand. When you receive the item from your supplier, it will be automatically updated. It will show the remaining quantity after sale.

 

Here's a sample where I have 20 pcs on PO and sold 10 pcs. Please observe the changes on the Quantity on Hand from creating a sale to receiving the items.

 

By the way, we have a test drive account. You can use it for your practice, or when you want to try something to see the effects on your books and reports. Anything you enter there will be removed after you log out. 

 

I'm just around if you have more questions about your entries.

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