QuickBooks: Handle your inventory with ease

The challenges of managing inventory for business operators are many.

QuickBooks takes care of those challenges.

See what’s in stock and what’s on order

View quantities on hand
QuickBooks automatically updates your inventory quantities when you buy and sell products. It’s easy to see what’s selling and what to reorder.

See real-time inventory valuation
Inventory values are automatically adjusted in your balance sheet as you go about your day.

Stay on top of purchase orders
Organize the contact information for multiple vendors in one place. You can keep track of what you’ve ordered from them and reordering becomes much easier.


Keep track of every product you buy and sell

QuickBooks Online inventory screen

QuickBooks Online inventory screen

  • Organize your products with images, categories, and prices

  • Automatically calculate the cost of each product sold using first in, first out (FIFO)

  • Run reports of best-selling items, total sales, and total taxes

FAQS

How do I get this help with my inventory?
Contact us here, use this link to give us a quick email, or call us: 303-801-4772. You will need QuickBooks Online Plus or QuickBooks Online Advanced.

How do I import data and get set up?
Peak Advisers offers set up services. Contact us for that. You can also get started with QuickBooks by importing your lists of products, customers, vendors and more from Excel.

Can I connect my existing sales channels and apps?
Yes. You can connect apps like BigCommerce, Shopify, PayPal, Square and other sales tools you may already be using.

How do I get detailed reporting on my inventory?
QuickBooks supports a number of inventory specific reports that help track your inventory asset valuations, sales, purchases and more.

David Mitchell

Digital content coordinator and sales consultant for Peak Advisers QuickBooks and business accounting experts.