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Hi, @userosker727.
Yes, you're able to add a rental inventory in QuickBooks Online. It's my pleasure to present complete instructions on how to fulfill this.
If this is your first time setting up an inventory, let's turn on the feature first. Let me guide you how:
After that, let's add the inventory products. Here's how:
For more details, check out this article: Add inventory products in QuickBooks Online.
Once the setup is all good, you can now track them when they sell, either create invoices or sales receipts.
Last is to process tenant's payments, then deposit them to the correct account.
Also, you can always access any reports to review the payments and transactions of your tenants. Then customize it to show the specific details.
For more information, check out this page: Use reports to see your sales and inventory status.
Please browse these articles below on how to reorder items, change type, and other topics.
Please reach out to me again if you have further questions. I've got your back and am always happy to help.
Consider having a rental management app to integrate with your QBO account.
userosker727, I realize this post is a few months old but I wanted to chime in for your and other's sake who may find this thread. Right now there is not a good, straightforward way to track "rental" inventory directly within QuickBooks online or QuickBooks desktop. For this reason precisely, my team and I created Adelie Logistics. It's a QuickBooks app that uses your QuickBooks invoices to determine rental inventory for any given date now or in the future. You can check out our website at https://adelielogistics.com to learn more or find us on QuickBooks Apps. Hope this helps.
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