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joethecheesecake
Level 1

Can I itemize my food purchases more in depth than just supplies? how do i record and track specific categories like cheese, sugar eggs etc.?

 
2 Comments 2
JaeAnnC
QuickBooks Team

Can I itemize my food purchases more in depth than just supplies? how do i record and track specific categories like cheese, sugar eggs etc.?

Thanks for reaching out to us, @joethecheesecake. I'll be happy to help you set up categories for your items and track them in QuickBooks Online (QBO).

 

In QBO, you can create categories to group items of the same type. Then, assign them to an appropriate expense account to record and track them.

 

To do that:

 

  1. Go to the Gear icon and select Product and Services.
  2. Locate the item and click Edit under the Action column.
  3. Under the Category dropdown, click + Add New.
  4. Enter a Name, then Save.
  5. Then, select Cost of Goods Sold under the Expense Account.
  6. Click Save and Close.

 

In addition, you can run sales or inventory reports to gain valuable insights into the items grouped by categories. 

 

Keep in touch if you have further questions about categorizing your products and services in QBO. The Community team is here to answer your queries. Take care, and have a good one.

4Gal
Level 11

Can I itemize my food purchases more in depth than just supplies? how do i record and track specific categories like cheese, sugar eggs etc.?

@joethecheesecake 

What kind of business do you run? You may need a 3rd party inventory management app or a manufacturing app.

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