We are new to TradeGecko and have begun using it in conjunction with QBO. We have discovered when we create a purchase order in TradeGecko it automatically expenses the value of the purchase order. We are accustomed to creating a purchase order, when the goods arrive receive it into inventory and create an account payable for it once we have received the invoice. In our experience buying goods for resale should never hit an expense account. If anything it should affect inventory and accounts payable but even then only when the goods are physically received.
Has anyone a workaround to solve this? Only be using TradeGecko for two weeks and already have a $50K expense booked in QBO.