QuickBooks Point of Sale is a software programme that helps small business owners keep track of their sales and inventory. Business owners can use the programme to track product sales and instantly see how much inventory they have left. The programme is designed to replace the traditional cash register and works in conjunction with other QuickBooks accounting software. The programme is designed to make inventory management much easier; once inventory is entered into the programme, all changes automatically update inventory status.
1. Launch QuickBooks Point of Sale and choose "New Item" from the "Inventory" tab on the main menu. Enter the information you want to include for each individual item you're adding to your inventory. Specify the department to which the item belongs, the item's name, and any other relevant information about it, such as colour, size, brand name, and so on. You can also upload an image for the item.
2.
Indicate how many of the item you currently have in stock. Once you've entered the quantity, the programme will automatically update whenever you sell an item. QuickBooks Point of Sale also allows you to set a reordering reminder when the quantity falls below a certain threshold.
3. Fill in all of the information for the item's price and the order cost for yourself. The item price will be applied to sales of the item, and the order cost will assist you in keeping track of profit and loss each time you need to replenish the item's inventory. After adding each item, remember to save the information. If you do not save the data, you will lose everything you have entered.
4. Continue to add information about each inventory item. Once you've entered all of the product information you want to include, go to the "Inventory" tab and select "Item List." This will allow you to see all of the items in your inventory and make changes as needed.
5. Select "Reports" from the main menu's "Reports" tab, and then "Items." You will be able to review inventory reports as a result of this. Choose the report you want to look at and click "View Report." By selecting "Modify Reports," you can also change the reporting dates you want to see.