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March 1, 2021
Question

How to manage and maintain demonstration stock

  • March 1, 2021
  • 1 reply
  • 0 views
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1 reply

Kristine Mae
Moderator
March 1, 2021

It looks like you're referring to tracking and managing inventory items or stocks, Rtcommunicator. I'm here to help you.

 

In QuickBooks Online, you can manage your stock. We'll have to set it up.

 

Let's turn on the feature. Here's how:

  1. Click the Gear icon.
  2. Select Account and settings.
  3. Go to the Sales tab.
  4. Click the Pencil icon in the Products and services section.
  5. Turn on the Track inventory quantity on hand feature.
  6. Click Save, then Done.

You can refer to this article for more information: Set up and track your stock in QuickBooks Online.

 

With regards to maintaining the demonstration stock, you can create an expense transaction or inventory adjustment

 

As always, I suggest conferring with your accountant on the best way to maintain the demonstration stock.

 

Feel free to visit us if you have other concerns. The Community is available 24/7 to help you. Keep safe!