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May 24, 2024
Question

How do I add and keep track of my inventory, both my retail and backbar?

  • May 24, 2024
  • 1 reply
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I am a solo hairstylist and rent a suite.

1 reply

May 24, 2024

I'm happy to lend a hand with your concern regarding entering and tracking your inventory items, lady.

 

The inventory tracking is available on QuickBooks Online (QBO) Plus and Advance plans. If you're using another version of the QBO subscription, you may consider upgrading your subscription to use and maximize the feature.

 

To add and track your inventory items using QBO Plus and Advance, let's enable inventory tracking first. Here's how:

 

  1. Go to the Gear icon and pick Accounts and settings.
  2. Select the Sales tab and click the Pencil icon on the Product and services section.
  3. Switch on the Track inventory quantity on hand. Once prompted, hit Yes to confirm the enabling process.
  4. Tap Save and then Done.

 

After that, let's add the items that are for retail sales and the products used by the store. We can also use categories to indicate if they're for retail or backbar.

 

  1. Navigate to the Gear icon and choose Products and services.
  2. Click New and choose the accurate Product/Service information.
  3. Enter the item's Name. Then, modify the SKU if needed.
  4. You may also add a Category. Example: Retail. Then, 
  5. (If you've chosen the Non-inventory). You can indicate if you're selling the item to your customer or purchasing it from a vendor.
  6. Modify the sales tax from the Sales tax section.
  7. Fill out the rest of the form accordingly.
  8. Once done, hit Save and close.

 

Furthermore, you may utilize your reports in QuickBooks to have a complete view and track your inventory status. You may click this link for more information: Use reports to see your sales and inventory status in QuickBooks Online.

 

I'm also adding articles that may be useful in the future. This way, you'll have proper guidance depending on what you need to achieve in the program:

 

 

If you have more questions about managing your inventory items in QuickBooks, please add a comment on this thread. The Community is available 24/7 to lend a hand.