how to enter inventory into quickbooks | Scribe

how to enter inventory into quickbooks

If you are a business owner or accountant, you may need to know how to enter inventory into QuickBooks in order to accurately track the cost of goods sold and the value of your inventory. This information is important for calculating the cost of goods sold, which is used to determine the profitability of your business. Additionally, tracking inventory in QuickBooks can help you identify any discrepancies between the physical inventory and the inventory recorded in QuickBooks, allowing you to make adjustments as needed.
Created by Ghostwriter from Scribe | 10 steps
Go to and log in to your QuickBooks account.
Click the "Gear" icon in the upper right corner and select "Products and Services" from the drop-down menu.
Click the "New" button in the upper right corner.
Select "Inventory Part" from the drop-down menu.
Enter the name of the inventory item in the "Name" field.

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