Other questions
Let me walk you through how to handle your situation, @Repurposed. My top priority is to ensure that your inventory management is successful.
QuickBooks Online doesn't have a direct feature to transfer inventory between SKUs. But there's a method to achieve your goal. We can manually create an adjustment to keep track of the movement of quantities from one SKU to another.
Before we proceed, note the quantity you'll want to move to the new SKUs depending on their color.
To proceed, let's open the original SKU:
- Click +New, then select Inventory qty adjustment.
- In the Product column, choose the new SKUs and add the original SKU.
- Enter its updated quantity amount in the New QTY column.
- Hit Save and close.
Please see the attached screenshots for visual reference.
It's always best to consult your accountant to ensure the accuracy of your inventory. If you don't have one, you can find a professional through this link: https://quickbooks.intuit.com/find-an-accountant/.
Moreover, you can generate a report that provides detailed information on the performance of your business, such as the number of products sold, the revenue generated, and the profit margins.
I'm always here to lend a hand and ensure you receive the help you need, @Repurposed. If you need additional assistance with your inventories, click the reply below. Have a good one!
