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When you’ve placed the order, you can create a Purchase Order. Then write a check to the vendor and categorize the advance payment under a prepaid inventory account.

Once you receive the goods, convert the Purchase Order into a Bill. Then, re-categorized the check payment you’ve created to […]

Resolution for 'Bill Payment Information issue: 'How to reflect payment milestones in QBO? Eg. how to account for a pre-pay 50% on order confirmation (PO stage) and payment of the balance at receipt of the goods?' available: Yes.

The Bill Payment Information issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Bill Payment Information issue yourself by looking for a resolution described in the article. If it is a complex Bill Payment Information issue or you are unable to solve the issue, you may contact us by clicking here or by using other Bill Payment Information support options.

For more information about resolving issues related to Bill Payment Information in Quickbooks/QBO or to get support for the issue 'How to reflect payment milestones in QBO? Eg. how to account for a pre-pay 50% on order confirmation (PO stage) and payment of the balance at receipt of the goods?', click the link below: