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The key here is to select the correct Account Type and Detail Type in order to track inventory.
For creating inventory asset tracking in QBO, here is the right way to create a new account in the Chart of Accounts.
Account Type = Other Current Assets
Detail Type = Inventory
Name = Inventory Asset (this is the default name QBO creates it). Better to keep it that way.
Hope this helps!
The key here is to select the correct Account Type and Detail Type in order to track inventory.
For creating inventory asset tracking in QBO, here is the right way to create a new account in the Chart of Accounts.
Account Type = Other Current Assets
Detail Type = Inventory
Name = Inventory Asset (this is the default name QBO creates it). Better to keep it that way.
Hope this helps!
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