Good day, duckdrop7. I'm here to assist you in importing the existing inventory to QuickBooks Online.
When importing items into your book, there are fields that you can enter, and one of them is the Purchase Cost. We'll have to report the cost of the items since you're planning to process sales soon.
You can follow these steps doing the process:
- Go to the Gear icon.
- Under Tools, choose Import Data.
- Select the Products and Services from the lists.
- In the Import Products and Services page, select the Browser button. (You may want to download the sample file to see how the columns look like.)
- Find and select the Excel file then select Open.
- Select Next to continue.
- Map your data.
- Click on Next.
- Click on Import.
Then, here's are the articles that you can refer to get more details related to your concern.
Please leave a comment below if you have more questions to ask after you import inventory in QuickBooks Online. Otherwise, you can enjoy the rest of your day. Take care!