Fishbowl Inventory is a companion software for Quickbooks that does EXACTLY that. We use it for distribution. We buy chemicals in large sizes and then sell smaller sizes as customers require. When we create the smaller bottles, the inventory we use (material, bottle, cap, label) are assigned in a bill of materials. Inventory is deducted from the larger container when used to create smaller bottles. It really works great.
From what I'm reading, all QB desktop versions let you track inventory. I seems the desktop 2019 pro trial version gives you a choice of services or non stocked items. What version pf desktop allows you to stocked sku s , cost vs price, % markups, etc?
Thanks for joining this conversation. I can share some information about tracking inventory in QuickBooks Desktop (QBDT).
Yes! You're correct. All QBDT versions will let you track inventory. But QuickBooks Desktop Enterprise is the only version that has a subscription-based feature called Advanced Inventory and Advanced Pricing.
With Advanced Pricing, QuickBooks automatically changes the prices of items on sales forms according to rules you create. This will also allow you to offer quantity discounts. On the other hand, Advanced Inventory enables you to use:
For more information about these features, you can check out these helpful articles below:
That should answer your concern for today. Please know that I'm only a few clicks away if you have any follow-up questions. Take care and have a good one.
Thank you for reaching out to the Community for support, Cosmotuna77.
Yes, as mentioned by my colleague above, all QuickBooks Desktop versions offer inventory tracking. To utilize the feature, all you have to do is turn it on so you can then manage your inventory.
To turn on inventory tracking:
I'd also recommend checking out these links to learn more about it:
In addition, I've added this link about the new and improved features in QuickBooks Desktop and Enterprise 2021 for more details.
Keep on posting if you have other questions about inventory or any QuickBooks related concerns. I'm always here to help.
All QB Desktop edition has the inventory feature. But for some specific features (e.g multi warehouses), you have to use QB Desktop Enterprise Platinum or a 3rd party inventory management app.
Hello, I'm curious if you ever figured that out. I want to be able to enter in all items and have a start inventory and then as I invoice, it automatically comes off of inventory but not sure quickbooks does this.
It's nice to have you here, @jlavoie893,
All version of QuickBooks can track inventory. At the same time reflect the inventory method to deduct quantity once the items are used for sales transactions. May I know which version of Desktop version are you using?
The process starts with turning on inventory management in the company file preferences. Here's how:
Next, create an inventory item you want to track. Here's how:
Right-click anywhere and select New.
For the Type, select Inventory Part.
Enter an item name or number. What you enter here is displayed in the drop-down list of items when you're filling out a sales form or purchase order. Enter a name or number that will help you distinguish this item from all the others on the list.
If this item is a subitem of an existing item, select the Subitem checkbox and choose the parent item.
(Optional) If you know it, enter the manufacturer's part number and unit of measure.
Fill in the Purchase Information and Sales Information fields.
Complete the rest inventory information then press OK.
You can also import the items manually. Refer to the links below for the instructions:
Once you have your stocks set up, create your invoices using the steps below:
Please check these handy links for your guide with QuickBooks Inventory:
Feel free to let me know if you have other questions. I'll be more than happy to answer them for you. Have a nice day!