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Level 1

How to manage imported inventory through a 3PL and properly account for the transaction vs drop shipping from a supplier

I am an importer of various products. I am also a Quickbooks Premiere Desktop user (ver. 2019). Up until now I have imported products to my customers via drop-shipping from the supplier. I now have a situation where a new, large customer wanted me to store inventory for them in the U.S. I setup an account with a 3PL provider but don't know how setup sales through that warehouse and properly account for the inventory and the original sales. From what I can tell, Premiere will not do this. Is there an add-on that can handle this without breaking the bank? Will Enterprise work, and if so, do I have to go all the way to Platinum? I don't need a lot of bells and whistles, but I do need to issue a P.O. to my supplier, receive the inventory at the 3PL warehouse, and sell from that inventory.

 

Thanks in advance for any help with this.

3 Comments
Level 4

How to manage imported inventory through a 3PL and properly account for the transaction vs drop shipping from a supplier

Consider using the consignment feature in an inventory management app and integrate it with your QBD. How much budget do you have for this app? I may recommend something to explore.

You may also consider using this app for your dropshiment business.

https://spocket.grsm.io/spockets

 

Hope it helps.

 

Highlighted
Level 1

How to manage imported inventory through a 3PL and properly account for the transaction vs drop shipping from a supplier

Thanks for your response. I'd like to keep my annual budget at $1000 or less for the inventory app.

Highlighted
Level 1

How to manage imported inventory through a 3PL and properly account for the transaction vs drop shipping from a supplier

Thanks. I'd like to budget no more than $1000 annually for inventory control.

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