How do I put the cost of stock dresses into quick books, what category should I use?

Setting up the cost of your stock dresses can be done with ease, @wendy-thesilvers.

If you haven't turned on stock tracking on your settings, follow these steps:

1. Go to the Gear icon and select Account and Settings.
2. Select Sales.
3. Click the Edit icon in the Products and Services section.
4. Turn on Show Product/Service column on sales forms.
5. Turn on both Track quantity and price/rate and Track stock quantity on hand.
6. Select Save and then Done.

Now you can add your stock dresses. I'd recommend reaching out to your accountant to help you in categorizing them. If you don't have one, you can visit the ProAdvisor site to find an accountant.

Here's how to add your products name and category:

1. Go to Sales, then Products and Services.
2. Select New or Add a product or service. Then select Stock.
3. Add a Name, SKU, or category for what you're tracking. 
4. Select the category from the Category ▼ drop-down.
5. Add your product’s Initial quantity on hand. Then enter when you started tracking that quantity in the As of date field.
6. Select the Stock asset account ▼ drop-down and select Stock Asset. QuickBooks uses this account to track the cost of all the products you have in stock (or stock value).

Then, continue with these instructions to add your product’s sales and purchasing info:

1. Add your product’s description on sales forms. This shows on invoices, sales receipts, and other forms you send to customers.
2. Add the Sales price/rate.
3. Select the Income account ▼ drop-down and find the account you use to track what you sell.
4. Add your product’s description on purchase forms. This will show on bills, purchase orders, and other forms you send to suppliers.
5. Add the product’s Cost. If this changes, don’t worry. You can still enter the updated price when you buy supplies.
6. From the Expense account ▼ drop-down, select Cost of Sales. QuickBooks uses this account to track the cost of products you sell.
7. Enter all the necessary info. Then, click Save and close.

You can check out these guides for your reference:

• Set up and track your stock
• Add stock products

Once you put up all your stocks, track what you sell using these two options:

• Create an invoice if you’ll get paid later.
• Add a sales receipt if your customer paid on the spot.

Get back to this thread if you have more questions about stock tracking. We're right here to help you.