Learn QuickBooks Inventory Management

🌟 Course Title: Master QuickBooks Inventory Management

Course Headline:

Unlock the Secrets of Merchandise Inventory in QuickBooks with Our Comprehensive Training Course!

🚀 Course Description:

This QuickBooks training course is a treasure trove for anyone looking to master the inventory module in QuickBooks Accounting's desktop versions for Windows. Dive into the world of merchandise management and emerge as an absolute expert, ready to handle every conceivable inventory scenario within QuickBooks. 📚✨

What You Will Learn:

• Inventory Setup: Learn how to add "non-inventory" items to your QuickBooks list and understand the nuances of when to use non-inventory parts.
• Activating Inventory Module: Discover what activating the QuickBooks inventory module means for your file and how it impacts your operations.
• Inventory Transactions: Gain a comprehensive understanding of recording sales, purchases, and inventory adjustments in various scenarios - whether it's cash transactions or buying/selling on account.
• Tracking Orders: Utilize purchase orders and purchase order reports to track back orders and manage your inventory effectively within QuickBooks.
• Managing Sales Orders & Returns: Simplify the process of handling sales orders, returns by customers, and returns to vendors with clear, step-by-step guidance.
• Advanced Features: Master advanced features like 'units of measure' and 'price levels' for precise inventory control.
• Inventory Reports & Corrections: Learn to interpret inventory reports, identify mistakes, and make necessary adjustments to maintain accurate records.
• Special Methods: Discover a SPECIAL METHOD I've developed for handling prepaid inventory transactions.
• Real-World Practice: Engage in hands-on practice with real-world buying and selling transactions to solidify your understanding of QuickBooks inventory management.
• Basic Accounting Concepts: Get an accessible explanation of the "Perpetual" inventory method, other accounting principles, and QuickBooks' "weighted average" costing method.
• Periodic Inventory Method: Understand and apply the "periodic" inventory method to determine your cost of goods sold and make the necessary adjustments for accurate gross profit calculations.

Additional Resources:

• 'Follow Along Files' for each lecture allow you to practice as you learn, making QuickBooks easy and engaging. 📋✅

Applicability Across Versions:

While this course is tailored for QuickBooks desktop for Windows users, the principles and insights are equally applicable to QuickBooks Online, Macintosh, and Enterprise solutions. 🌍

Instructor's Note:

I'm here to support you throughout your learning journey. Should you have any questions or require assistance, feel free to reach out. I'm committed to ensuring that you not only learn QuickBooks inventory management but also enjoy the process! 🤝😊

• Mark Smolen