How To : Create Inventory Items

How To : Create Inventory Items

Before you can enter your purchases for items which you would like to sell, you first have to create invetory items.

1. Click on Inventory

2. Item List

3. New

4. Type in the Product Code

5. Type in the Product Description

6. If you are buying, keeping stock of the item, and then selling it, check all three boxes:

7. Cost accounts start with 5, Income accounts Start with 4, and The invetory account which is an asset account is usually 1-1300

8. To set your item price, you can click on the third tab, labeled "Selling Details"

9. Click OK to save

 

 

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How To : Entering The Purchase of Assets

How To : Entering The Purchase of Assets

If you purchase furniture or equipment for your business, this is how you would enter those purchases in AccountEdge:

 

1. Click on Purchases

2. Enter Purchases

3. Type In Your Vendor

4. Change the layout of the purchase to "Service" - this is used for purchases which you do not charge inventory

5. Enter the description of the goods

6. Select the account that your purchases belong to:  IE Furniture & Fixtures Orig Cost

7. Enter the cost

8. If you have already paid this invoice, enter the total in the "Paid Today" box.

9. Click on Record

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How To : Register The Initial Investment By Owners In Account Edge

How To : Register The Initial Investment By Owners In Account Edge

If you wanted to register an investment of $100,000 as the initial investment of two business owners, evenly split, in AccountEdge, this is how you would do it:

 

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How To : Remove the Spell Check On AccountEdge

How To : Remove the Spell Check On AccountEdge

It could get very annoying when you are trying to get an invoice out and the spell checker pops up.  Here are the steps to remove it.

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