Hi John,

Thanks so much for your help.  One more question.  So the best way for us to start using QB’s inventory is to enter actual inventory quantity and unit cost on a given date using the “Adjust Quantity and Total Value on Hand”?  From then forward inventory count and value should work correctly?

Thanks John, that helps but I have a few more related questions:

Does QB’s Enterprise account for sales and receiving of product from the time you “Start Inventory Counting” and when you enter it into QB’s?  Or is this only available in the retail version?  Or do we have to make a manual adjustment to account for sales and receiving that occurs during that time?  For example, we do a physical inventory count on December 31st.  It might not get verified and entered into QB’s for a few days.  During those few days, we have sales and receiving occurring.  How do we account for them? 

Thank you!
Jeff