Free inventory webinar on 7/15 – Register now
Free Webinar – Inventory Tracking
Join us live on July 15th at 10:00 a.m. PT to learn more about the Inventory tracking feature during a free, hour-long Small Business webinar hosted by one of our QBO ProAdvisors. Stacy Kildal, CEO of Kildal Services is our expert for this exciting event. This session will cover: How to set up an inventory, purchase an inventory and adjust on hand quantities.
Not sure if you use Inventory or should be using Inventory to track your products? Come and ask Stacy.
QuickBooks Online uses standard inventory cost accounting rules. This means your inventory purchases are not treated as expenses, but are instead accurately reflected as Cost of Goods Sold (COGS). To determine the cost of items, QuickBooks Online uses the first in first out (FIFO) method, which is compliant with generally accepted accounting principles (GAAP) and accepted by the IRS. Sounds complicated? No worries. Come and ask Stacy.
See you on the 15th!
http://community.intuit.com/events/inventory-tracking-with-quickbooks-online-edition
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July 7, 2010 at 9:59 am
Tried to register but got a message that the community was down. Frustrating to say the least.
July 8, 2010 at 9:19 am
Bill – It’s up now. The site was doing maintenance for 15 minutes. It was an unfortunate timing of the post and their work.
July 12, 2010 at 10:27 am
Ah, it’s a moot point now. My warehouse manager is going back to his old copy of QBPro. He can’t receive items against his purchase orders. It only updates his inventory when the bill is paid and a P.O. is attached to that bill. Unfortunately, it also doesn’t let us account for backordered items on that Purchase Order and you have to have admin rights to update quantities…something management doesn’t want to give to the warehouse admin assistant because she would then be able to see payroll. Call us when you REALLY do inventory and purchase orders. Thanks.
July 14, 2010 at 10:47 am
I can’t get to qboe.com, and I cannot find anything that says it is down. Where does one go to get current information about outages?
July 14, 2010 at 11:11 am
I also cannot access qboe.com or the intuit website. Any word about what’s going on?
July 8, 2010 at 7:52 am
Please register me for the webinar on 7/15/2010.
July 8, 2010 at 9:16 am
Hi Dolores – check out the http://community.intuit.com/events/inventory-tracking-with-quickbooks-online-edition to register. let me know if you have problems! Thanks
July 8, 2010 at 9:13 am
Tried to register and had problems. QB needs to do more testing before advertising.
July 8, 2010 at 9:18 am
Hey Roger – what were your problems? Please let us know so we can address. Some tips: You first have to log in or create a community log-in ID in order to register. This is actually the same as your QuickBooks Online ID (or should be). Then, use the Adobe Acrobat Connect sign up tool to input your info. Thanks!
July 9, 2010 at 9:47 am
Please register me for the free expert webinar on 7/15 on Inventory.
July 9, 2010 at 10:04 am
Hi Corina – check out the http://community.intuit.com/events/inventory-tracking-with-quickbooks-online-edition to register. It is better if you do it yourself – have to become a QBO community member and input your email for the reminder notification. Let me know if you have problems! Thanks
July 9, 2010 at 10:59 am
RSVP for seminar
July 9, 2010 at 11:39 am
Hi Shauna – check out the http://community.intuit.com/events/inventory-tracking-with-quickbooks-online-edition to register. It is better if you do it yourself – have to become a QBO community member and input your email for the reminder notification. Let me know if you have problems! Thanks
July 9, 2010 at 2:14 pm
how do I become a community member to sign up for the class? Tried to register but got an error message. Frustrating. It should be made easy and user friendly.
July 10, 2010 at 10:58 am
Please register me for the free webinar on inventory.
July 14, 2010 at 11:10 am
Hi. Quickbooks online is down again… Has been for several hours. Hope it is not another 3 day event…
July 13, 2011 at 2:05 pm
OK – the fact that this is online is so far the ONLY thing I think is convenient.
Other than that it’s VERY slow compared to the computer version, I am completely flabbergasted as to why my inventory information did not carry over to this version of QB? I specifically signed up for a high-priced version of this because I was told I could do inventory tracking. However, NOBODY told me I was going to have to RE-enter every cost of goods sold and quantity on hand!!!! This is ridiculous!!! Do you know how long it has taken me to enter all of those items? Do you know how much it’s going to cost me to have somebody sit and hand enter all of this stuff? Not to mention counting the inventory on hand since obviously the last 3 weeks of transactions have not been tracked. This MAJOR inferiority of the Online version should be a fact which is PLASTERED all over the information when business owners are trying to make a decision to switch. I feel like I’ve been duped and also feel like I’m stuck with no other solutions.
Secondly – entering invoices and sales receipts is 3 times slower than it was before because the auto-fill only works with major category headings, not sub-items. So now I must click and scroll through a drop down list for every single item I sell. I used to be able to just type a couple of letters and the correct thing would come up. Why does the auto-fill not recognize the sub-items??!!