Quickbooks 2021 Tutorial for Beginners - How to Add Inventory

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Is there any way to Add inventory for bulk product with variable quantity (Kilograms) per Bags. I need to track the number of bags. But I sell in kilogram to my customers. In invocie I need to show the total number of Bags as well the weights of each bags.

Thanks man you are very helpful for us small business peeps

I just found this video because I just purchased an existing business and I could not figure out their profit and loss. Thanks to this video I realized they have their inventory set up as COGS and Parts Expense Account. It was not set up to an income account. Now I am working on changing all the inventory to COGS and an income account.

How to add more subitem options

My question is I am just starting to use inventory. I have Multiple sites. I made my item list and site list. Entered my beginning inventory and it shows up in the Warehouse inventory. Then I transfter some of the begining inventory to another site. It show up in that site. Then I went to invoice the cusomers from the two sites and it has that I do not have inventory on hand to sell. Why?

Hi i wish you could help me. In my QB, I create a summary report of purchase orders however the first purchase order I create becomes double and when tried to delete it will delete also the other one that has billed amount. Is it normal to have double purchase order?

May I ask a question? In the new interface for Chart of Accounts, how do you associate an expense account with an income account? We're a home builder that does cost-plus, so each vendor invoice we pay has to be billed to our client. There is no "use for billable expenses" checkbox. How do you now make the association? Note: QBO Plus version, on a Mac with Chrome. Thanks.

definitely diving into your videos. Thank you so much for taking the ti to teach us that are green in the field. Have a great day

Hi! Can I ask, what if there is no inventory part in the item list type

Hi ! I'm a FLOWER FARMER I sell to florist and wholesale. I really need advise on how to setup example: I buy 7 different kinds of sunflowers seeds special for cut flower growers.
SUNFLOWERS:
Procut Orange
Procut Red
Procut Gold
Procut Lemon
Procut Horizon
Procut White Night
I succession direct seed 400-500 every week they have a 52 day harvest. So I am also harvesting processing and deliver to florist. She pays me with company check.

Thank you Samantha Stringer
Hello Sunshine Flower Farm LLC

Hi. Is this desktop or online? If online which QB level subscription would this tutorial be for?

So interesting. I like it

Can you have more than 1 inventory asset account #? In other words, is Inventory 106-00 the only Inventory Asset Account, or can you have additional Inventory Asset accounts? Thank you!

Good day Sir, you are just a mini god on earth. I really appreciate you so much and how versatile you are on QuickBooks. You are just a mentor to me. I will always stick to your channel because your presentation intro before you give the class of the day is awesome. It gets the viewers want to know more and how the task can be accomplished. Great job you are doing sir!

Hi @The Quickbooks University. In order to increase stock, we go through purchase orders and enter bill by items. However while entering a bill through the items rather than expenses part, it does not account the purchases, like DR Purchases, CR Accs Payables. It is only at the time of sales, when we sell 2 items of stock part, the 2 items are reflecting under purchases with (Qty 2 * stock price). How do we record the purchases amount together with the stock ??. please reply. Thanks!

When re-ordering for example, another "Box" same item # but in a different dye lot, how would you enter it? By date?

Thanks for this. How would you handle the naming of items of branded products? The 31 character limit is a real disadvantage of QB. Once the brand name is included there is not much left for the product name! Would you create an item that is the brand and then have all of the items of that brand as sub items?

If I purchase construction materials to use for only a specific job, should I still add to Inventory Part - COGS 50400 or should I just enter it as Non-inventory Part and place it under, for example, Job Materials - Expense Account?

I find your video helpful to set up my inventory.... thank you
But how can you add inventory on existing item list... I tried to edit but it can't be add

If I purchase honey bottles in bulk and then sell the honey bottles by the piece, how do I count for the honey that fills the bottles, which is the product that fills the bottles?

Very Good Explaination sir

What's the best way to enter items if we sell them by the Each AND by the Dozen? And the Dozen also has a slightly discounted price than the each.

@The Quickbooks University what are your thoughts on how to add "Variations" to an inventory item? For instance a "rock n roll" t-shirt that is sold in variations of sizes like small, medium and large etc., I only want one inventory part number and same cogs account associated for all the shirts but need to add the "variations" in sizes under this inventory part number / item. What would you do?

Good Afternoon! If I have inventory of 100X and I make an invoice of 75X, will quickbooks automatically take that 75X out of my inventory? then will my inventory show 25X?

Great videos! Thank you!

Off Topic. My QB2021 will expire in January 2022. Currently, it has the new 2022 version update. Renewal is $349 with Intuit in Jan 2022.

Currently, Costco has a sale for QB2022 for $199 with 15 months subscription. If I purchase QB2022 from Costco, do I simply use the new activation code on my current QB 2021-2022 version before it expires in mid Jan 2022? Is that how it’s done? Thank you 🙏

Question: How do I handle prepaid inventory in Quickbook? Situation: I placed an order for inventory items and paid with a credit card. My credit card is now due but I haven't received my inventory items (shipping issues). How do I handle that?

How do you create GST or HST reports and file tax to government once a while?

Thanks, great video, nicely explained. I have just subscribed to your channel for more.

Thank you for this video. How do you remove an item in inventory. ???

i'm looking for a video "how to" entry of bills and paying them. Also categorizing receipts to add up to that payment? Does that make sense?