Skip to main content
S
susan-corehvac-c
September 24, 2024
Question

How do i cost inventory items onto a project in QB online.

  • September 24, 2024
  • 1 reply
  • 0 views
It does not appear that there is a transfer inventory to a project option in QB online.

1 reply

T
Trish_T
September 24, 2024

Hello susan-corehvac-c,

 

Welcome to Community! QuickBooks Online Plus, includes the Projects feature, so you can track income, costs and profitability by job.  Tracking inventory can be accomplished by creating an invoice for the associated project.  QuickBooks will then deduct inventory once you create a sales transaction.  The quantity on hand will automatically decrease by the amount indicated in your invoice. Here's how to Track your inventory in QuickBooks Online.

 

I'm also adding a few additional guides for your reference.

Feel free to reach out again, if you have any other questions. We would be happy to help!

S
susan-corehvac-cAuthor
September 24, 2024

Hello Trish;

Your comment 'Quickbooks will adjust inventory when you create a sales transaction' only works if your creating a detailed sales invoice for the customer.  What about projects where you have a lump sum invoice amount  that the customer sees.  They don't see each inventory item that is included on that project.   How do you adjust for all the inventory items you sold on that project then?  There does not appear to be any kind of transfer inventory to project option.  After searching online, I see other users have the same issue.  This is quite an oversite on QB online.  Please advise.  Thank you 

 

T
Trish_T
September 24, 2024

Hi susan-corehvac-c,

 

At this time, the ability to enter the cost of inventory items onto a project is unavailable in QuickBooks. However, you can search for a third party app that can integrate with QuickBooks Online. 

 

I suggest submitting your feedback directly to our development team.  Customer recommendations can potentially influence future updates or improvements to our system, ensuring the best customer experience with QuickBooks Online.

 

Let us know if any other questions or concerns come to mind.  We would be glad to assist!

Terms & ConditionsAccessibility statement