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Our Accounting experts answer questions on Purchasing such as:

  • I want to do the purchasing of raw materials particularly cotton yarns for my compamy, which is the best purchasing place for this?
  • Hi! I am Cutie, I am purchasing a vehicle, which I will use for personal as well as official or business use. Can I enter it in my business transactions or will it be considered as personal?
  • Can anyone help me in telling a best place for purchasing different hardware products and equipment which I need in my business of harware shop, Tell me the best deals and how do I account for it
  • Hi! I usually do purchasing of my inventory bi-weekly, I do not know how do I account for the purchases of the mercandise inventory in my book keeping, please guide me with it, should I go for perpetual or periodic
  • I have a small bookstore in Dallas, all the purchasing of my book are done through a second hand market as well as the publishers of the books, all the purchasing done is through credit terms. Is it fine to do it?


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