Enter Inventory in Quickbooks

Total Time: 8 minutes

1. Step One

   Click on list menu on the top.

2. Step Two

   Click on Items list.

3. Step Three

   Click on Item button at the bottom and click on new.

4. Step Four

   Select the type as Inventory part.

5. Step Five

   Enter the item name,purchase and sales description and cost and sales price.

6. Step Six

   You also need to select COGS account that will be affected when you record a sale of the item.

7. Step Seven

   You have to select an income account that is affected when you record the sales transactions.

8. Step Eight

   Select the asset account that is used to track the value of the items of finished goods.

9. Step Nine

   Click on OK to create the item.