What kind of transaction is recorded when I use Receive Item?

When you record a purchase using `Receive Item," the information you entered on the item receipt is transferred to an Order. (The Receive Item window is used simply to enter the quantity of items received.)

When you record a purchase using the Receive Item window, the item is added to your inventory, but the cost of the item is added to your Linked Account For Item Receipts (A/P Accrual - Inventory) until you record a Bill for it. Your Accounts Payable account isn't affected at this time.

The transaction credits (increases) your Linked Account For Item Receipts (A/P Accrual - Inventory) whenever you enter item receipts using the Purchases window - Item layout - Receive Item. This account is debited (decreased) whenever you enter a vendor's bill that has an item receipt included on it; the amount that was accrued in the A/P Accrual account is transferred to your linked payables account.

To locate the accrual transaction, you'll locate the Order that was created when you recorded the item receipt.