QuickBooks’s inventory tracking features help you keep track of inventory items that you buy and sell. These features are well thought out and fully integrated with the rest of its accounting features.
You start by creating inventory part items, as discussed in Chapter 2. For each inventory item, you specify the item name or number, description, cost, supplier, resale price, and other details. QuickBooks stores this information in its Item List (Figure 1).
Figure 1. The Item List window includes all types of items, including inventory parts.
To order inventory items, you fill in a Purchase Order form, using ...