Chapter 7

Chapter 7

1. Navigating Inventory

   • Company purchases products from vendors, then company sells those products to customers.

2. Products & Services List

   • Inventory: Products company buys that they track quantity of
   • Non-Inventory: Products bought that we don't track inventory for
   • Service: Services we buy from vendors to help our business
   • Bundle: Collection of products & services sold together

3. Vendors Transaction

   • Create Purchase Order
   • Enter Bill
   • Pay Bills

4. Customers Transaction

   • Create Invoice
   • Receive Payment
   • Bank deposit for undeposited funds

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