From the course: QuickBooks Pro 2021 Essential Training

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Set up the vendor profile

Set up the vendor profile

- [Instructor] A vendor is someone you do business with to provide services for your business. Unlike a customer, who you are doing business for. Vendors could provide professional services that are part of running your business. Or they could provide crucial material needed to manufacture, process, and ship your product. QuickBooks keeps track of vendors separately from customers. Like the customer profile, let's set up some fields ahead of time in the vendor profile area. We get there by clicking Lists from the top menu. Hovering your mouse over Customer and Vendor Profile Lists. And from here, let's start with the Vendor Type List. Like before, there are a few types that are already here. Don't forget that these are important for your business and your business alone. You need to find things that are meaningful to you. To select a new business, click Vendor Type at the bottom of the screen and select New or Control + N on…

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