Receiving Inventory With or Without Bills in QuickBooks

By |June 17th, 2013|

When your goods come rolling in, be sure to document them correctly.

You’re probably happy to see couriers delivering inventory items you’ve ordered since it means you can ship to customers, but recording the new stock means yet another repetitive task.

QuickBooks’ tools can help with this, but you need to be sure you’re using the […]

Are You Defining Items In QuickBooks Correctly?

By |November 20th, 2012|

Create item records in QuickBooks carefully, and QuickBooks will return the favor by running useful, accurate reports.  

Obviously, you’re using QuickBooks because you buy and/or sell products and/or services. You want to know at least weekly — if not daily — what’s selling and what’s not, so you can make informed plans about your company’s […]

QuickBooks Reports Help You Maintain Balanced Inventory Levels

By |June 14th, 2012|

Running out of products too frequently? Having to sell cheap because inventory is overloaded? Use QuickBooks’ reports.

It seems so simple in theory. Don’t overstock goods because you’ll tie up too much money and perhaps need a clearance sale to get rid of the excess. On the other hand, don’t let yourself run out of […]

How to inventory purchase of house in QuickBooks

By |April 19th, 2012|

Q. I am trying to determine if I should use a non inventory item to track our cost to purchase and sell a house.

A. First you have to decide, whether you purchased the house for fix, rehab and flip or for rental or if it will be your primary residence.  After you have made the decision, treat the […]

QuickBooks Items and Inventory: Company Preferences Part 2

By |February 20th, 2012|

Today we will be finishing our coverage of the Items and Inventory screen.  Please note that we are not including the Advanced Inventory Screen in this section, we will be covering that in it’s own post. Click here if you missed part 1.

Warn if not enough Inventory to Sell

Checking this option will display a warning […]

QuickBooks Items and Inventory: Company Preferences Part 1

By |February 19th, 2012|

The Items and Inventory section of the preferences section is an important part of QuickBooks. However, it is only important if you are dealing with a company that sells items. Service companies do not need to work much with this screen, unless they are looking to turn inventory options off in QuickBooks. Here is a […]