 We're ordering it. And let's say that we're ordering product number one. I put produce, look at that. Oh my goodness, oh my goodness, that's okay. Let's say that we're buying 10 of those. So at a rate of 75, which populates automatically. And I'm not gonna put a class, we're not buying it for a particular customer here. So we'll keep that as is. And then maybe I'm also buying product number two, produce number two, sorry about that. I did that just to get a laugh out of people that I put it in there, product number two, produce two. We sell some produce, okay? Okay. So then we've got 150 of those. And what's this gonna do? Nothing in terms of the financial statements. It's just a request that we would then send to the vendor and then they would send us these items once we get the items with the bill in it, that's when we would record something to our financial transactions at that point. So in terms of our flow chart, we would be here requesting the inventory, no financial transaction at that point. Let's do one more, let's save it. Let's do a save and new. And let's see, let's say this was vendor, vendor P2 tab and same kind of thing, but this happened on 120525 and the item that we're gonna be purchasing is going to be, the date is actually 12525, I think I got that right. Okay, so then the items, let's say we're gonna purchase product number three, and let's say we're gonna get another 30 of these, let's just say, and then we'll also purchase product number one. And I know this was two vendors for the same product, but just to get something on the table here. So there we have it, so let's say save and close. This will just be a request that we would send out possibly by email to the vendor. So let's save it and close it, and then we can track those requests in the sales tab, and we can look at all sales, this is one place we could go, and I can say I wanna look at the transactions and possibly be searching for the transactions of, actually hold on, not the sales tab, we're in the expenses tab now, because we're buying the stuff, and then I could go to the expenses here and then filter by the purchase orders. So I could say filter by the purchase orders, and there's our request forms that have sent out on 12.31 and 12.5, 12.31, is that what I wanted? Let's change this date to the beginning of the month here. I wanted to do it on 12.1, not 12.31. Save and close it, how about that? Doesn't really matter, but there we have it. We can also track it by going to the vendors and we can look for the vendors that have the open purchase orders up top, and so then we can track them. Next step, we're gonna receive the inventory in our actually warehouse. Now again, this might be different if we had an e-commerce kind of situation, because you might use some other system to help you to manage the inventory. So you might not be dealing with the physical inventory, so again, that means that you're gonna have to adjust your system a little bit, which might be easier, because you might be doing this managing of the inventory that count somewhere else, and we'll talk about how to pull it in, so that's where one of the differences will be, but when we receive the inventory, that's when I'm gonna put it on the books with a bill. So I'm gonna create a bill with this, and we're gonna say, all right, now we've got the inventory. I wanna create a bill, quick books. It's not doing it, let me do it again. Create a bill. All right, so there we go. So now it's made the bill from it, and I'm gonna go ahead and pull in the data that's on the right attached to it. So now I've pulled in the data for the bill. Now a bill means that it's gonna increase the accounts payable. So I've got the vendor, the bill date, 12.5, that's fine. It's not gonna go into a category. I'm gonna minimize this. It's instead gonna go into the item down below. So I pulled the items in. This is actually gonna record a transaction increasing the accounts receivable because it's a, I mean accounts payable because it's a bill. The other side's gonna go into the inventory account because that's where we told the items to go to when we set up the items, and it's gonna track the sub ledger for the units of inventory in quick books. Let's say save and close. And if I check that out, I can go over here and say, run it, run the balance sheet, and you could see the accounts payable went up because now we owe the bill. It hasn't yet hit the checking account. If I go into that by drilling down, there it is. I can go back into that bill. Boom, bill, baby. There it is. I don't know, I had a lot of Bs in there. I wanted, anyway, so I'm gonna close this back out. And then back and exit. And then we wanna go into the inventory has gone up because that's normally what happens when we purchase inventory, it put it in by each line item of inventory, even though they're on the same bill. So we can track the two line items. Okay, let's go close that up back. And is there anything on the income statement? Nothing yet on the income statement. However, we do have another report because the income statement will be impacted not when we buy the inventory, but when we sell the inventory on a perpetual inventory system. So let's duplicate this tab over here and then go down to reports and just check the inventory summary. Inventory summary report. I'm just gonna type in inventory summary and I'm gonna make it as of 123125 and run it. Okay, so now we've got our inventory tracking by the products here and then the asset value and the average amount. So this is giving us the quantity that should tie out to the quantities that we have on hand that we can count and verify. And it's also gonna give us the amount, the dollar amount of the cost, not the sales price that we can then tie into our balance sheet over here. It should match basically our balance sheet. Now, this is the part that gets somewhat redundant to some degree because again, if you were using a Shopify kind of system, you might have some other system that's tracking at least the units of inventory. And so you might not, so do you really need to pull in all that data and have to add the items and have to add basically bills and whatnot in order to record, in order to get this information into QuickBooks again. So that's one of the issues that we'll be dealing with. All right, so I'm gonna go back to the first tab and let's go back on over here and let's do it for the second one. We're gonna create a bill for it and do the same thing. I'm gonna pull that in, adding it. And 12.5, that's fine. This is gonna increase accounts payable and it's gonna increase inventory and it's gonna also affect our sub ledger tracking by dollar amount that should tie out to the balance sheet as well as by units.