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SGI
August 19, 2020
Question

How to record stock sent to a Fufillment warehouse?

  • August 19, 2020
  • 2 replies
  • 0 views

Hello!

 

We want to start online sales on a certain platform. This platform provides fulfillment solutions - i.e. I send our stock to them, they store it and send it to buyers as necessary. 

Sending stock to their warehouse is not a sale - it still belongs to our company as long as it is not sold.

Nevertheless this is away and for all intents and purposes is as good as unavailable for sale to other firms from our home warehouse.

How do I record and track these stock movements with QB? We have a Plus account with stock tracking enabled.

2 replies

Angelyn_T
Angelyn_T
August 19, 2020

Hello, @SGI.

 

You may record an estimate to send your stocks so it won't record any sales. However, you still need to track the movement manually since the system doesn't have the fulfilment option or don't track the items from sending them to the store then to the buyers. Currently, tracking stock movements for items directly in QuickBooks Online (QBO) is unavailable.

 

Or, you can look for a third-party application from our app store. Here's the link: https://quickbooks.intuit.com/app/apps/home/.

 

In case you need additional references about managing stocks in QBO, check out the topics from this link.

 

I'm always here to help if you have any other questions. Just add a comment below. Have a great day ahead!

Fiat Lux - ASIA
Fiat Lux - ASIA
August 20, 2020

@SGI 

You may need an inventory management app with the consignment feature.

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