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Question: Shariz needs to record receipt of a vendor invoice. Which QuickBooks function would be most useful? New invoice Process payment Add receipt Ad... Shariz needs to record receipt of a vendor invoice. Which QuickBooks function would be most useful? $\square$ New invoice $\square$ Process payment $\square$ Add receipt $\square$ Add bill $\square$ New expense

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Step 1
: Identify the correct QuickBooks function to record receipt of a vendor invoice.

The task involves recording the receipt of a vendor invoice, which means that Shariz has received a bill from a vendor and will need to pay it in the future. At this point, Shariz is not processing the payment but only recording the invoice.

Step 2
: Evaluate the available options in QuickBooks.

- New invoice: This option is used when creating an invoice to bill a customer. It is not applicable in this situation since Shariz is receiving a bill from a vendor, not issuing one to a customer. - Process payment: This option is used when making a payment to a vendor or a bill. Since Shariz has just received the invoice, she is not yet making a payment. - Add receipt: This option is used when recording cash or check deposits. It is not applicable in this situation since Shariz is dealing with a vendor invoice, not a deposit. - Add bill: This option is used when entering and tracking bills from vendors. It allows you to record the amount of the bill and set a due date for future payment.

Final Answer

Shariz should use the "Add bill" function in QuickBooks to record the receipt of a vendor invoice.

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