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QuickBooks® 2012 For Dummies®, UK Edition by Loredana Stroup, Stephen L. Nelson

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Chapter 7

Stock Magic

In This Chapter

arrow Using the Item list to track stock

arrow Keeping stock as you purchase and sell items

arrow Using purchase orders to help track stock

arrow Adjusting stock records to reflect what’s really in stock

arrow Taking the lazy person’s approach to stock

For small and growing businesses, stock is one of the toughest assets to manage. First, of course, you need to physically care for stuff. Second, you have to make sure that you don’t run out of some item or have too much of some other item.

QuickBooks (fortunately) provides elegant sophistication in its stock management features, making stock management easy. With a little jiggering, you can probably get it to work in any simple case – and even in many more complex cases.

tip.eps If you want to make stock accounting really easy and don’t care about a bit of imprecision, take a peek at the last section of this chapter, “The Lazy Person’s ...

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