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Celia_Ell
May 2, 2022
Question

How to manage bar stocks in quickbooks

  • May 2, 2022
  • 1 reply
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I have a client, a charity which runs some events, which is moving to QuickBooks Online. For events, they run a bar with stocks of beer (sold in pints and halves) and wine sold in glasses (small and medium) and bottles, also spirits. Is there any chance that creating these products in Quickbooks online as stock items will provide any useful information?

1 reply

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LeizylM
May 2, 2022

Thank you for posting here on the Community page, Celia_Ell.

 

In QuickBooks Online (QBO), you can only do simple tracking and managing of inventory. This includes tracking what's on hand, getting alerts when it’s time to restock, and seeing insights on what you buy and sell.

 

If you'll want to see how it works in QBO, you'll need to turn on these settings so you can add your inventory.

 

Here's how:

 

  1. Go to the Gear icon. Under Your Company, select Accounts, and Settings.
  2. Click Sales.
  3. Go to Products and services and select Edit.
  4. Turn on both Track quantity and price/rate and Track inventory quantity on hand.
  5. Click Save and then Done.

 

Once done, you can now add inventory items. Check out this article for instructions and detailed steps: Set up and track your inventory in QuickBooks Online.

 

Also, here’s more information on how to enter product and service items you buy and sell: Add product and service items to QuickBooks Online.

 

Stay in touch with me if you have follow-up questions about managing your inventory in QuickBooks. I'll be around to help you.

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