Chapter 3
Tracking Inventory and Items
IN THIS CHAPTER
Viewing your Item list
Expanding your Item list
Changing items
Modifying physical counts and inventory values
Modifying prices and price levels
Dealing with a manufacturing firm’s inventory
If you’ve worked with QuickBooks, you won’t be surprised to hear that the Item list is a key piece of your QuickBooks accounting system. The Item list identifies each of the things that you sell. The Item list also identifies other things that appear in your invoices and — if you use them — purchase orders.
In this chapter, I talk about how you work with the QuickBooks Item list — more specifically, how you look at and use the information in the Item list to track and tally what you sell. I explain how to add information to the list and how to edit information that’s already in the list. What’s more, I talk about three accounting tasks that ...