QBO Inventory – Follow Easy 3 Steps

QBO inventory is very basic —buy the item and sell the same item. So it is simple as 1-2-3. Create Products & Services as Inventory type item. Key fields to remember: a) Quantity of hand = “0” b) Inventory asset account = Inventory Asset (always this default account) c) Select “Income account” = Income type […]

How to apply additional costs to Inventory Items in QuickBooks Online

Adding additional costs like shipping insurance to Inventory Item in QBO