In this chapter:
• Understanding an inventory item
• Learning to track inventory
• Using subitems
• Doing an inventory count
Accurately keeping track of inventory items is no easy task. In fact, for many businesses, the warehouse can be a source of frustration and erroneous information. (The term “warehouse” is used generically here to indicate the place where you store inventory, but it may be your basement or garage instead of a physical warehouse.) This chapter covers how to set up and make adjustments to your inventory. You learned how to purchase, receive, and manage your inventory in Chapter 6.
An inventory item is a product you manufacture, assemble, or purchase ...