How Inventory Works in Quickbooks Desktop

[@QbuniversityOrg]

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[@tinak.3386]

When would i use the Expense tab on the Bill screen instead of the Item tab?

[@QbuniversityOrg]

When it’s just an expense like office supplies, gas etc. Item expense is normally associated with purchasing inventory

[@downloaditnows]

Thank you very much

[@QbuniversityOrg]

You’re welcome!

[@Userj.5224]

In addition to the average cost method, what other method can be configured in Quickbook desktop?

[@QbuniversityOrg]

I don’t believe there are any others. You can check in Preferences but pretty sure it’s the only one

[@sheilarenschler2454]

I sale Mary Kay and some of my inventory is for me. What do I enter that under?

[@QbuniversityOrg]

I would enter those as distributions to you and not enter as inventory

[@MSDrive-rt8yn]

when i built assembly my inventory on hand goes to format like ********

[@hss2119]

Very basic, no finished goods, just buying andselling the same hinges without making a final product. 😅 Not a good system 😭

[@QbuniversityOrg]

That should be simple in QB then. Just create the Item and use it on Invoices or Sales Orders

[@mutebipaul8149]

then quickbooks does not answer the very important inventory management questions

[@QbuniversityOrg]

Yeah it’s ok for inventory but not the best for sure