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Debbie Polden
May 25, 2021
Question

Stock levels

  • May 25, 2021
  • 1 reply
  • 0 views

I am experiencing discrepancies with my stocktake worksheet and actual count numbers - I have some  questions about stocktaking quantities

1. When I create an estimate do the products on the estimate affect my stock levels?

2. Is there a report to show an adjustments that have been made to stock quantities?

3. Is there a report to show previous stock report, adjustments made/products received and new stock report?

 

 

Thank you in advance for any help you can provide

Debbie

1 reply

katherinejoyceO
katherinejoyceO
May 25, 2021

Hi there, Debbie Polden. 

 

Thanks for asking us here in the Community. I'd be delighted to answer all your questions today. 

 

In QuickBooks, creating an estimate doesn't affect your stock level. Your inventory will only be updated when the invoice is generated. 

 

For your second question, yes there is. you'll want to check the Inventory Valuation Detail report to show/list all the inventory adjustments you've made. Here's how:

 

  1. Go to the Reports menu, then enter and select the Inventory Valuation Detail report in the Search field. 
  2. Select the date in the Report period section. 
  3. Hit Run report.

 

You can also learn more about reports where you can get helpful insights on the status of your inventory: Use reports to see your sales and inventory status. 

 

Lastly, you can tailor your report to the details you need to show. Read through this article to learn more: Customise your reports in QuickBooks Online. 

 

Feel free to post if you have follow-up inquiries about managing inventory items and accounts in QBO. I'll always be here to help. 

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