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November 11, 2019
Question

Trucking Industry

  • November 11, 2019
  • 1 reply
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Purchase orders!  What accounts are needed for this company? He Uses this PO for fuel and repairs which are purchased at a different location and his carrier deducts the total at the month-end. Thanks

1 reply

AddieC
November 11, 2019

Hi there, 

 

Creating a purchase order in QuickBooks is a simple and straightforward process. You can use purchase orders to tell suppliers what you want to order. Track the items you order and receive, and know what expenses are coming up. I'll help shed some light on what accounts to select. 

 

QuickBooks comes with one general account for what you've described, which is Fuel and Expenses. You can take a look at more about the accounts available here: Understand QuickBooks Chart of Accounts

You can add or edit an account if you'd like to add a new account type for your purchase orders. Simply follow the steps listed in the article above under the header "Add or edit an account".

 

Beyond explaining how to set up accounts, it's best to consult with your accountant. They're the best equipped to help you properly categorize and assign accounts to the appropriate transactions. 

 

If you have any other questions, just let me know. 


Cheers.