Whether you sell five or 50,000 products, Enterprise puts the tools you need for efficient, profitable inventory management right at your fingertips.To learn more about how we can help your business, call 800-450-8469 or contact sales.
After the package is shipped, inventory is updated automatically and the manager gets real-time data to know when to reorder.
To use the barcode scanning solution, you’ll need the QuickBooks Desktop Mobile App and a compatible portable scanner, or an Android phone – available online or through other retailers. For more information about the app and scanners, see our help page.
See how wholesale distribution businesses use Enterprise to optimize purchasing, pricing, and sales.
Enterprise for Wholesale Distribution
Frequently asked questions
Which QuickBooks product has inventory management features?
QuickBooks Desktop Enterprise features the most powerful and comprehensive inventory management tools in the QuickBooks family. The Advanced Inventory tool in QuickBooks Enterprise enables you to manage end-to-end sales order fulfillment from one central dashboard, makes it easy to track items to specific bins within a warehouse, accurately tracks quantity and value of inventory in multiple locations, makes it easier to assemble items and track their Bill of Materials cost, including labor and overhead costs, and much more. It’s our most robust solution for inventory management with advanced functionality that scales to your business.
Can QuickBooks track inventory in multiple locations?
Yes. QuickBooks Desktop Enterprise offers warehouse inventory management features that track movement and storage of products and materials. Features such as lot tracking, bin tracking*, and serial number tracking make it easy to locate inventory quickly and accurately across your locations.
What is an inventory asset in QuickBooks?
Inventory is your final product and the goods used to create it—basically, it’s an asset until you sell it. You record inventory as a current asset on your balance sheet at the amount paid to purchase it.
What is the difference between an inventory part, inventory assembly, and inventory group in QuickBooks?
In QuickBooks Desktop Enterprise, an inventory part is a single item normally carried in stock until sold.An inventory assembly is a combination of inventory parts and/or sub-assemblies combined into a single item then carried in stock until sold. As soon as you build an assembly item, its component parts no longer exist as separate inventory parts because they have become part of an inventory assembly. An inventory group item is used when several items are sold at the same time, such as an installed door set that includes a door, the hardware, and labor. Get more detailed information about inventory assembly items and group items here.
How does QuickBooks handle inventory and cost of goods sold (COGS)?
To successfully track inventory, you need to understand how QuickBooks handles inventory assets, average cost, and cost of goods sold (COGS). When you purchase an inventory item, your bill, check or credit card charge will debit the Item’s Inventory Asset account and credit your A/P, bank or credit card account. When an item is sold, the average cost is deducted from the inventory asset account and recorded in cost of goods sold. QuickBooks uses the weighted average cost to determine the value of your inventory and the amount debited to COGS when you sell inventory. Learn more about inventory and cost of goods sold here.
Now available: QuickBooks Desktop Enterprise 21.0.
Interested in learning more? Call us now at 800-450-8469