Item: How to Use Quickbooks for Inventory

This updated guide examines Item: How to Use Quickbooks for Inventory and organizes the essential facts, background, and practical takeaways in clear American English.

Method 1of 2:

Inventory Reports

1. Go to the "Report Center" from the main menu.
2. Find the "Standard" tab and choose "Inventory" to see a list of the types of reports that can be generated.
3. Select the report you would like to generate, save and/or print.
4. Choose the date range you would like to display, such as the current or past fiscal year or a specific date range.
5. Choose "Display Report" to create the report you would like.

Method 2of 2:

Point-of-Sale Inventory

1. Choose the "Inventory" tab from the home menu.
2. Select "New Item. "
3. Enter all the information for that item that you would like to track.
4. Upload an item image (optional).
5. Type in the item quantity that is in stock (QuickBooks will automatically update the item after each sale and remind you when you are running low on an item).
6. Enter the information on the item's price and cost to you (these will track automatically for you and apply the price to your sales information and the cost to your profit and loss report).
7. Save when finished entering all information.
8. Choose "Inventory" in the main menu.
9. Choose "Item List" to see a complete list of everything that you have entered into your inventory.
10. Select the "Reports" tab on the main menu.
11. Choose "Inventory" to look at the inventory reports.
12. Choose the report you would like to review.
13. Adjust any date ranges by choosing "Modify Report" and viewing again.