Writing checks in quickbooks 2013 how to#

You can use a reference number to track adjustments if you want.Go to the Adjustment Account field and enter the inventory adjustment account in the chart of accounts.Select Quantity from the Adjustment Type drop-down menu.To adjust the count in QuickBooks, go to Vendors>Inventory Activities>Adjust Quantity/Value on Hand. This is called shrinkage - or unexplained, missing inventory. You'll discover that most of the time, the items you have on hand are actually less than QuickBooks figures. You may have to make adjustments to your inventory in QuickBooks after the physical count is complete. Do NOT enter information into the On Hand or Total Value fields.This should reflect the minimum amount of the product that you want to keep in stock. Enter a number in the Reorder Point field.Select the proper accounts for COGS (Cost of Goods Sold) and Income accounts.These fields will be filled in when you create a purchase order. You don't need to enter anything for Description on Purchase Transactions, or a cost if you don't want to.This will need to be included on purchase orders when you reorder inventory. This is the name you'll use to reference the item in the software. Press CTRL+N to add a new item.Р”В¬hoose Inventory Part from the Type drop-down menu, then enter the following information: To create an inventory item, go to the Item list (Lists>Item List) and open the Item List window.

Writing checks in quickbooks 2013 how to#

You can refer back to earlier in this course to learn how to do this if you need to. Also, make sure the Warn if Not Enough Quality on Hand and Warn if Duplicate Purchase Numbers are checked, as well.Р”Р„s for the item list, if you need to now add items to it, go to Lists>Item list. Now, check to make sure that the Inventory and Purchase Orders Are Active box is marked. Click on Items and Inventory on the left side of the window. You'll then see the Preferences dialog box. To tell QuickBooks that you want it to track your inventory, go to Edit>Preferences. All items that you order and sell MUST be on this list.

You must include on this list anything that you might put on an invoice. Then, you must create an item list, if you haven't already done so. First, you must tell QuickBooks that you want it to track your inventory. However, before you can do that, you must do a few things. QuickBooks 2013 allows you to track your inventory.