Description

QuickBooks Online Inventory Management Training Course

Inventory Information & Data Format

Learn about the fields using for inventory management and exporting from Xero to QuickBooks Online. This includes exporting to CSV (Excel Spreadsheet), field matching and then importing.

Invoicing and Stock Levels

• Using QuickBooks to keep track of stock levels
• Categorise Inventory items based on income account
• What happens when stock quantities reach minimum order quantity
• Re-ordering stock
• Categorising stock to make re-ordering easier per supplyer

Receiving Stock Items

• When to convert a purchase order to a Bill
• How to ensure that customers awaiting stock are contacted when it arrives
• What happens to purchase orders where only part of the order is fulfilled

Quotes, Invoicing & Payments

Quoting and converting to sales

In this section we’ll explore the process of quoting customers and then converting that quote to a sale as it relates to purchases for stock required.

Stock on hand, value of inventory and stock takes

In this section we look at how QuickBooks values stock, how to make changes in stock levels and how to treat changes in inventory levels on the accounting side