To add new vendors to QBO, you need to have each vendor's contact details. This includes a business telephone number, remit to address, email address, and tax ID number (or social security number) for 1099 vendors. You can also enter the payment terms your vendor has extended to you. Entering these payment terms will allow QuickBooks to remind you when bills are due or past due.
Follow these steps to manually add vendors in QuickBooks Online:
- Navigate to Vendors by clicking on Expenses on the left-hand menu bar and selecting Vendors, as shown in the following screenshot:
- Click the New vendor button, as shown in the following screenshot:
- Fill in the fields in the new vendor window, as shown in the following screenshot:
The following is a brief description of the 15 fields of information you can enter for new vendors:
- Company (1): Enter the name of the business that you are purchasing from. If the vendor is an individual, such...