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Managing multiple products or services under different brands is crucial for keeping your real-life transactions in sync with QuickBooks Online (QBO). Let me assist you on how to accurately record them in your company.
First, ensure you have the Plus version to access the inventory function. If not, you'll need to upgrade your QuickBooks plan. Otherwise, you'll have to upgrade your QuickBooks plan to use the feature.
When you're ready, let's proceed and turn on the inventory function. Here's how:
Next, add the products/services. Then, activate the class tracking option. Simply follow these steps:
Now, let's set up your brands one at a time in QBO. For detailed instructions, proceed directly to Step 2 in this article: Turn on class tracking in QuickBooks Online.
Once you set up all your inventory products, track them when they sell by creating an invoice or sales receipt. Also, you can save time and assign a class to transactions.
With QBO, you can easily generate reports to track your most popular products, inventory levels, and the cost of goods. Discover more insights by following this link: Use reports to see your sales and inventory status.
Feel free to browse through these articles or save them for future reference if you require more information on managing inventories in the online program:
Don't hesitate to click the Reply button if you have additional questions about tracking your products/services and other inventory concerns. I'll get back to make sure to provide the information you need. Have a great rest of the day, azzamreezkygroup.
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