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Inventory: How do I separate a bulk inventory delivery into individual flavors? I receive same item from 2 vendors, 1 sends in bulk @ $13, the other sends by flavor @ $16.50. ie: I receive 14pcs each of 24 flavors(336 pcs) for $16.50 per item from vendor A. (created sales item with $16.50 COG) later: I receive Bulk shipment of 336 pcs mixed flavors for $13 per item from Vendor B. **I only sell by individual flavor** How do I move product from bulk received inventory item into the individual flavors items in order to sell and retain the lower cost so my average COG is lower.

Hello itsdave04, I agree with you.

 

We can manually adjust the quantity of the item. This way, the bulk “drink” will show as 180 quantity and the “cherry” will show as 11 quantity in your book.

 

The  steps below will walk you through the process:

  1. Go to Sales on the left side and select the Product […]

Resolution for 'Inventory issue: 'How do I separate a bulk inventory delivery into individual flavors? I receive same item from 2 vendors, 1 sends in bulk @ $13, the other sends by flavor @ $16.50. ie: I receive 14pcs each of 24 flavors(336 pcs) for $16.50 per item from vendor A. (created sales item with $16.50 COG) later: I receive Bulk shipment of 336 pcs mixed flavors for $13 per item from Vendor B. **I only sell by individual flavor** How do I move product from bulk received inventory item into the individual flavors items in order to sell and retain the lower cost so my average COG is lower.' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'How do I separate a bulk inventory delivery into individual flavors? I receive same item from 2 vendors, 1 sends in bulk @ $13, the other sends by flavor @ $16.50. ie: I receive 14pcs each of 24 flavors(336 pcs) for $16.50 per item from vendor A. (created sales item with $16.50 COG) later: I receive Bulk shipment of 336 pcs mixed flavors for $13 per item from Vendor B. **I only sell by individual flavor** How do I move product from bulk received inventory item into the individual flavors items in order to sell and retain the lower cost so my average COG is lower.', click the link below:

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Inventory: Can I deduct the cost of inventory items I keep as test samples?Example: if I order bath bombs I use one so I can market it better and make sure there aren’t any issues. I’m new to Quickbooks and just recently opened my own business so I apologize if this is a simple answer and I’m sorry if I’m not explaining it well.

Yes, you can deduct the cost of inventory for your sample items using the Inventory Qty Adjustment option. This helps match what you actually have in stock.

 

Here are the steps:

  1. Click the Plus (+) icon located in the upper right-hand corner.
  2. Under Other, click Inventory Qty Adjustment.
  3. Enter the Adjustment date, and select the Inventory adjustment accountNote: If […]

Resolution for 'Inventory issue: 'Can I deduct the cost of inventory items I keep as test samples?Example: if I order bath bombs I use one so I can market it better and make sure there aren’t any issues. I’m new to Quickbooks and just recently opened my own business so I apologize if this is a simple answer and I’m sorry if I’m not explaining it well.' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'Can I deduct the cost of inventory items I keep as test samples?Example: if I order bath bombs I use one so I can market it better and make sure there aren’t any issues. I’m new to Quickbooks and just recently opened my own business so I apologize if this is a simple answer and I’m sorry if I’m not explaining it well.', click the link below:

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Inventory: If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?

It will not affect historical transactions by making inventory items inactive but make sure the item has zero quantity before inactivating item. If the item has quantity, make adjust quantity first to zero and then make inactive.

To adjust Inventory Quantity to zero:

From the Gear icon > Lists > Product & […]

Resolution for 'Inventory issue: 'If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?', click the link below:

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Inventory: I need to delete 7 Inventory adjustments. How can I do that?

Follow these steps to delete an inventory quantity adjustment:

  1. Click the Search (magnifying glass) icon.
  2. Tap the Advanced Search link.
  3. Change the first drop-down menu to Inventory Quantity Adjustment.
  4. Hit Search.

On the list that appears, search for the adjustments you want to delete. You’ll have to click on each of the adjustments so you can delete it.

Here’s how:

Assuming […]

Resolution for 'Inventory issue: 'I need to delete 7 Inventory adjustments. How can I do that?' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'I need to delete 7 Inventory adjustments. How can I do that?', click the link below:

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Inventory: My company uses inventory in Quickbooks Online. We are a new start up company. They are giving our product to salespeople who work for us to use as demo’s when they are out on the road. I know how to manually make the inventory adjustment to relieve inventory, but they want me to be able to show who and how many they gave to each one. I don’t know how to do that except make a no charge sales receipt that will keep track and relieve inventory at the same time. Any suggestions on how and if this can be done?

Yes, using a zero-amount Sales Receipt would work, as it would decrease the inventory on hand for that item, and you will be able to add notes to it (as shown below).

Resolution for 'Inventory issue: 'My company uses inventory in Quickbooks Online. We are a new start up company. They are giving our product to salespeople who work for us to use as demo’s when they are out on the road. I know how to manually make the inventory adjustment to relieve inventory, but they want me to be able to show who and how many they gave to each one. I don’t know how to do that except make a no charge sales receipt that will keep track and relieve inventory at the same time. Any suggestions on how and if this can be done?' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'My company uses inventory in Quickbooks Online. We are a new start up company. They are giving our product to salespeople who work for us to use as demo’s when they are out on the road. I know how to manually make the inventory adjustment to relieve inventory, but they want me to be able to show who and how many they gave to each one. I don’t know how to do that except make a no charge sales receipt that will keep track and relieve inventory at the same time. Any suggestions on how and if this can be done?', click the link below:

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Inventory: I appear to have imported my products with some line items as INVENTORY and others as INVENTORY ASSET. Most of the items are in the

Inventory asset is the default account and is special in that it tracks item, qty and FIFO cost per item.

Inventory, has to be something either your import created, or someone else did. Most likely your import has some with inventory and some with inventory asset.

Inventory items need to be in […]

Resolution for 'Inventory issue: 'I appear to have imported my products with some line items as INVENTORY and others as INVENTORY ASSET. Most of the items are in the' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'I appear to have imported my products with some line items as INVENTORY and others as INVENTORY ASSET. Most of the items are in the', click the link below:

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Inventory: If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?

It will not affect historical transactions by making inventory items inactive but make sure the item has zero quantity before inactivating item. If the item has quantity, make adjust quantity first to zero and then make inactive.

To adjust Inventory Quantity to zero:

From the Gear icon > Lists > Product & […]

Resolution for 'Inventory issue: 'If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'If I inactive a Stock Item which was used before in many Invoices and Purchases, will it affect past history. I mean after I inactivated it, if I print out a past invoice what will happen?', click the link below:

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Inventory: QB Online = how do I roll back to previous financial year? I stupidly captured all data for FY2020 before capturing my 1st year of trading for FY2019

You really can’t. Anything you enter historically will change current balances, and QBO is also date dependent so no entries allowed before you started the file, and for inventory nothing allowed before you created the item

Resolution for 'Inventory issue: 'QB Online = how do I roll back to previous financial year? I stupidly captured all data for FY2020 before capturing my 1st year of trading for FY2019' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'QB Online = how do I roll back to previous financial year? I stupidly captured all data for FY2020 before capturing my 1st year of trading for FY2019', click the link below:

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Inventory: Adding inventory – same product, different cost different PO same vendor

QB keeps average cost for inventory, unless you have enterprise and have turned on FIFO

stock the items, who you order from is immaterial, then sell them

I’m not sure what 10 PCs by 5 means, or
15 items with 7 USD

QB keeps inventory value in the base currency if you use multicurrency, […]

Resolution for 'Inventory issue: 'Adding inventory – same product, different cost different PO same vendor' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'Adding inventory – same product, different cost different PO same vendor', click the link below:

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Inventory: How can I change inventory start date?

in the products & services list, use the drop down arrow for the item and select the change starting value, try changing the as of date there. but you will need to know the initial qty on hand and cost first

or use the register […]

Resolution for 'Inventory issue: 'How can I change inventory start date?' available: Yes.

The Inventory issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the Inventory issue yourself by looking for a resolution described in the article. If it is a complex Inventory issue or you are unable to solve the issue, you may contact us by clicking here or by using other Inventory support options.

For more information about resolving issues related to Inventory in Quickbooks/QBO or to get support for the issue 'How can I change inventory start date?', click the link below:

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