cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Level 1

Setting up Inventory in QuickBooks Online

I need inventory system also. please give me inventory

1 Comment
Highlighted
QuickBooks Team

Setting up Inventory in QuickBooks Online

It's a delight to see you in the Community, foxparcel. 

 

I have relevant details to share with you about how the Inventory feature works in QuickBooks Online. 

 

To begin with, which QuickBooks Online version (Simple Start, Essentials, Plus) are you using? All three versions are able to track Non-inventory items, Services, and Bundles. However, only the QBO Plus subscription is able to track Inventory items. This includes the quantity, sales revenue, and cost of goods sold

 

If this is what you're using right now, you'll first enable the inventory tracking from the Account and Settings page. Then add the products you want to track in the Products and Services section. 

 

To verify your subscription:

  1. Go to the Gear icon, then choose Account and Settings.
  2. In the left sidebar, pick Billing & Subscription.
  3. Check your plan details in the QuickBooks section. 

To enable:

  1. Go to the Gear icon, then choose Account and Settings.
  2. In the left sidebar, pick Sales.
  3. Select the pencil next to Products and services and mark the option Track inventory quantity on hand.
  4. Choose Save.
  5. Click Done.

To add products:

  1. Go to the Gear icon, then select Products and Services.
  2. Select New.
  3. Choose Inventory as the type.
  4. Enter necessary details, click Save and Close

Check out this article for more detailed steps:

 

How to set up Inventory and tracking

 

Meanwhile, if you're using the Simple Start and Essentials versions, you have the option to upgrade to the Plus version so you can track inventory and other features. Here's an article to show you how:

 

How do I upgrade my QuickBooks Online subscription?

 

These steps should help you set up your inventory items in QuickBooks Online. 

 

Don't hesitate to let me know if you have questions. I'll be around. 

 

 

Need to get in touch?

Contact us