I have been using inventory tracking but it seems that there are a lot of steps involved in the way I am doing it. Just wondering if there is a faster way of entering and categorizing transactions of inventory purchases. Here's what I'm doing now:
1. Email the receipt to Quickbooks, go into the receipt and categorize as Inventory Asset.
2. Go into my banking and match the transaction to the expense.
3. Go into Expenses, find the expense previously categorized as Inventory Asset, go into it, open the invoice, and copy all of the inventory items purchased into the Item Details, confirm all is correct and save.
I guess my concern is that when I am categorizing the receipts and then matching the transactions, if I am doing a long list of receipts I could easily forget to then go into the Expenses list and find the inventory related ones and then edit them and enter the inventory items. If there was a way of doing this with the receipt transaction it would eliminate the extra step but I haven't been able to find any way of adding items from that screen, just categorizing the whole thing. Maybe I am missing something?
