Assets and bills

[Doug Rinckes]

I'm trying to figure out how to enter a transaction into Gnucash where an 
asset is bought, and then billed for.

The specific case is:
1. I get 100 books from a printer;
2. They send me a bill;
3. I pay it.

What I'm not sure about is what do I enter in the gnucash bill column 
"expense account"?  Should it be an expense account or an asset account 
such as "books in stock"?

I struggled with whether the delivery of the asset can be separated from 
the input of the bill - does this even make sense?

What I have done is entered a bill with the asset account, posted it to 
accounts payable and then paid that off.

It does mean that this expenditure doesn't appear in the expense report 
though.  Is that right?

Thanks,

Doug