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ONLINE INVENTORY MANAGEMENT SOFTWARE IN EUROPE

Stay stocked for success

Manage your inventory in real-time, so you always know what's coming in and what’s going out.

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Free 30-day trial

See what's in stock and what's on order.

View your quantities on hand Track stock value in real-time Stay on top of orders Low stock alerts

View your quantities on hand

As stock comes in and out, QuickBooks stock inventory management software auto-updates your inventory. This makes it easy to see what’s selling and what to reorder.

Keep your inventory in order

Organise your products with images, categories, and prices.

Auto-calculate the cost of each product sold using first-in, first-out (FIFO).

Run reports of bestselling items, total sales and total taxes.

Sync with your online sales platform

Create a master inventory list and sync products across channels.

Sell online and sync sales and customer data with QuickBooks.

Import all your Shopify orders and manage refunds in one click.

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- Eligibility: Starting 1 May 2023 and for a limited time, eligible customers will be entitled to a 50% discount for the first 24 months on QuickBooks Online Simple Start, Essentials, and Plus (“QBO”) when they sign up for a minimum of two (2) QBO subscriptions using a single email account. This offer is eligible for new and trial QBO customers only. Excluding customers based in the US, UK, Canada & Australia. Customers must purchase two (2) or more subscriptions. To take advantage of this offer you must call one of the phone numbers below, sign up through the assigned sales account manager, and/or or chat with an expert at: quickbooks.intuit.com/global/.
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  Pricing: Eligible customers will be entitled to apply 50% off the monthly price for QBO for the first 24 months of the service starting from the date of enrollment, followed by the then-current list price for the service as long as two (2) or more QBO subscriptions are purchased. Sales tax may be applied where applicable. List price subject to change at any time at Intuit’s sole discretion. If you add or remove services, your service fees will be adjusted accordingly.
  
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FAQ

What does QuickBooks online inventory management Software Do?

Quickbooks Inventory Management Software organizes your inventory and makes it easy to find products and services. You can track inventory on hand, get alerts for reorder levels, and get insights on what you buy and sell. With Quickbooks stock management software, you can enter non-inventory products and services. That is, the items you buy and sell but cannot track as inventory. You can also create bundles by grouping multiple products and services together.

Types of Inventory Available in QuickBooks?

Quickbooks stock management system allows you to add inventory items, non-inventory items, services, and bundles. Inventory items include products you sell and keep track of through inventory tracking. Non-inventory items are products you buy and sell but cannot keep track of for they cannot be sold directly. Services include the intangible items that you provide to your customers in a given transaction. Finally, bundles are the group of items that you sell together as a single product.

How do I get detailed reporting on my inventory?

Quickbooks stock inventory software allows you to generate reports to track sales and inventory status. The “Sales and Customers” group of reports help you to know the best selling products and sales by products and services. Likewise, “Inventory Valuation Reports” give an account of inventory on hand, its value, the average cost per item, and transactions for each inventory item. Finally, the “Expenses and Suppliers” group of reports indicate what’s still on order.

Can QuickBooks Track Inventory in Multiple Locations?

Quickbooks online stock inventory management you would have to dedicate a separate QBO subscription per location to track inventory for multiple locations. QBO subscription for each location would have to order and sell its inventory and cannot move inventory from one location to the other. You can also track the inventory of multiple godowns in one QBO subscription and prepare a separate list of items from different locations.

How do I Enter Inventory in QuickBooks?

What are the methods of inventory management?

Various methods of inventory valuation applicable to both manufacturing and merchandising inventories. Methods of stock inventory management include specific identification method, average cost method, First In First Out (FIFO) method, and Last in First Out (LIFO) method. These methods help you to value inventory and hence divide the cost of goods available for sale between the cost of goods sold and ending inventory.

What are the 3 major inventory management techniques?

The three major stock inventory management techniques include ABC analysis, Just-in-Time, and Economic Order Quantity (EOQ) method. ABC analysis ranks products according to the value of such items. JIT coordinates production schedules with raw material orders to ensure that the raw material required to manufacture finished goods is delivered in time to the manufacturing unit. Finally, EOQ determines the optimal inventory level where both the inventory carrying costs and order costs are minimum.

What are the functions of inventory management?

Stock inventory management is important to maintain the uninterrupted flow of raw materials and finished goods. Further, inventory control helps in getting rid of excessive or inadequate inventory, keeping a check on raw material cost, reducing losses due to wastage, and ensuring that your business holds optimal inventory as required by the production process. Inventory control also helps in avoiding double ordering of the same raw material and carrying out production activities seamlessly.

What is inventory and an example?

Inventories are assets either held for sale in the ordinary course of business, still in the process of production, or are to be used currently in the production of goods or services that are eventually sold. Raw material, work-in-progress, and finished goods are the three categories or types of inventory. For example, a car manufacturing unit has aluminum and steel as raw material, half-assembled cars as work-in-progress, and completed cars as finished goods.

What is the inventory formula?

What is a stock inventory management software?

Stock inventory management software is software designed to manage and track inventory items at various stages of the supply chain. Such software helps in categorizing inventory items, tracking sales and purchase orders, managing stock levels, scanning barcode, and making purchases automatically at reordering points. Also, the stock inventory software prevents your business from keeping excessive or inadequate stock and thus avoiding stocks outs or wastage.

What is real-time stock management?

Real-time inventory management is the process of using tools like bar code scanners and inventory management software to record purchases, sales, inventory, and movement of inventory in an online inventory system. Such a process updates your inventory data in real-time, sets automatic reorder points, avoids double data entry, and ensures data accuracy. Tools like barcode scanners avoid the errors committed while entering the data manually. In short, a real-time inventory management system optimizes your supply chain and brings efficiency to your business.

What is the difference between stock and inventory?

Stock refers to the finished items that you sell to your customers or raw materials in case your business sells such items as final products. Inventory includes all those items that are used in manufacturing products to be sold by your business to its customers. Accordingly, inventory may include raw material, work-in-progress, or finished products. Stock determines the amount of revenue your business generates. Whereas inventory determines the sale price for your stock.

How do you do stock control?

There are three steps that you must follow to do stock control. First, determine the optimum inventory levels. Second, determine the amount of control required to achieve the very purpose of inventory management. Finally, design an inventory control system for your business as it lays out the structure and policies to maintain and control inventory. Various inventory management techniques include ABC analysis, EOQ, JIT, material requirement planning technique, safety stock, and BED analysis.

What is the purpose of stock management software?

The primary purpose of an inventory management system is to maintain stock at optimum levels. This is done to ensure a continuous supply of materials to the manufacturing process to meet customer demand on time. Also, stock management software optimizes inventory cost, eliminates stock duplication, minimizes wastage, maintains a systematic inventory record, and avoids overstocking and understocking of inventory.