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In several ways, Intuit brings in conveniences for small businesses through the advanced features and applications – inventory report is one of those that have made the accounting software a worth considering for small or mid-size businesses. Managing inventory in a business is undoubtedly one of the painful and time-consuming tasks that require much of resources and hours to manage the sales and purchase details.

But managing all the inventory items flawlessly in the least timeframe is no longer impossible for the businesses as they can make the best use of QuickBooks inventory tool to handle the stock of items in a proper and accurate manner.

Since QuickBooks accounting program comes bundled with inventory report, but you will have to set up the tool in accordance with your business requirements. QuickBooks inventory valuation summary report can simplify all the complex aspects related to the product items in your business.

Creating new inventory item:

While setting up inventory in QuickBooks, you will have to create a new inventory item by following some technical procedures. There are some complex procedures – if you are quite new to these things – you can avail of the QuickBooks technical support services to avoid any possible technical glitches.

Here are the procedures:

  • Select Gear Icon > Products and Services.
  • Click New
  • Click on Inventory item
  • Enter Name

Once you create inventory item, you can now update the details about your products, purchasing information, and the cost of products sold. In course of adding these things, you may require experts’ suggestions or QuickBooks customer service on how to add lot numbers in QuickBooks.

Creating purchase orders and reports automatically:

Now you can tweak some settings and tools to automate the process of creating purchase orders and inventory reports in QuickBooks. Contact Intuit QuickBooks support phone number and find the best technical services to avoid the technical problems while creating new inventory items in QuickBooks.

Tracking lot numbers in QuickBooks can also be made easy and accurate with the help of QuickBooks experts who can assist you manage the related applications in a proper way.

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