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sigdoc1
Level 1

Inventory management and supplies

I manage a surgery center.  We do not sell any product, just services.  For instance we may charge $750 for a minor surgical procedure as a global charge. We use many supplies, more with the COVID pandemic.  We used to do quick periodic inventories and order supplies.  Now, we have so much more with the additional use of PPE.  We also have to manage our inventory in greater detail due to periodic shortages of masks etc.  Can we use barcode scanning and the advanced inventory to help?  I have watched videos and read more than I wanted to and every resource focuses on point of sale and manufacturing,  I just want to change my items to inventory items and do a weekly physical inventory and compare this to what we want on hand to assist in ordering.  Any suggestions?

2 Comments 2
Charies_M
Moderator

Inventory management and supplies

Welcome to the Community, sigdoc1.

 

I can share some information about managing inventory in QuickBooksDesktop Enterprise.

 

Before anything else, I suggest consulting your account for more expert advice on how to handle this type of situation. This is to make sure the information and your books are accurate.

 

Since you want to change the items to inventory, you can edit them. Below are the instructions on how to create an item in QuickBooks Desktop Enterprise:

  1. Go to Lists,  then select Item List.
  2. On the Item List window, select Item then New.
  3. Select the type of item you want to create.
  4. Fill out the item fields.
  5. Use Custom Fields to add your own customized fields.
  6. Click Save.

All you need to know about tracking inventory assets and the cost of goods sold can be found in this article: Understand inventory assets and tracking cost of goods sold.

 

Check out these articles for more details about how inventory works in QuickBooks:

For the report, you can run a couple of them. Here's an article for the list of reports that will help you review your weekly inventory: Balance Sheet and Inventory/Stock Valuation reports show different amounts for Inventory Asset accou....

 

Don't hesitate to let me know if there's anything else you need help with managing inventory. I'm here to help anytime.

Fiat Lux - ASIA
Level 15

Inventory management and supplies

@sigdoc1 

As another option, you may have a 3rd party inventory management app to utilize mobile phones for barcoding scanners. You don't have to upgrade to Platinum edition to do so.

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