QBO ITEMS AND INVENTORY

To Pinpoint The Most Vital Need In Your Business

The “Products and Services” section of QBO’s “Sales” menu gives you a convenient central place to record the material details of your business’s day-to-day operations. There are options for noting the number and nature of non-inventory goods, professional services, and bundles of both products and services, as well as sophisticated inventory tracking for subscribers to QuickBooks Online Plus or Advanced.

Keeping an accurate catalog of the various products and services you offer and sell is a must if you want your business to continue expanding indefinitely.

Without this sort of vital information, you’ll have a much harder time understanding the complex factors that affect your bottom line—for example, whether a particular product is costing you more than it’s bringing in, where you might be able to pare down the costs of core services, and which individual items and actions have made you the most money over time.

Users who pay a bit more for QuickBooks Online Plus or Advanced also have access to the platform’s inventory management system. This powerful set of features has the potential to revolutionize the way you order, quantify, and make key adjustments to your stock.