Intuit has integrated a Quickbooks Enterprise Advanced Inventory management system – with the same user interface. There is no need for a separate inventory management system, software, or data integration. All of your business data is located in one central place so that you can easily manage your accounting data, inventory systems, job costing reports, and more.
The Advanced Inventory functionality for QuickBooks Enterprise makes managing inventories of any size a simple task. You’ll notice the complete integration with QuickBooks right away if you manage inventory using bar codes. You just scan inventory and serial numbers with a scanner and QuickBooks takes over, putting your data in the correct fields automatically. And if your inventory items don’t have barcodes, QuickBooks can create them for you!
Bin Location Tracking
Track specific inventory items down to the bin location level within one or more warehouses. When filling out forms, automatically see quantities and serial or lot numbers for each bin. Sort pick lists and item receipts by location for efficient picking and stocking.
Increase efficiency and reliability for all inventory data entry by scanning items and serial numbers without touching a keyboard – QuickBooks automatically puts the information into the right field. Print barcode labels from inside QuickBooks, and if you don’t have barcodes, QuickBooks will create them for you. Integrates with any simple USB barcode scanner.
Use FIFO Costing
Get the flexibility to track inventory using FIFO costing or average costing and switch between the two methods at any time.
Track Serial Numbers or Lot Numbers
Enter serial numbers and lots at the time of purchase, transfer, or sale for more reliable tracking. You can track defective lots through assemblies and subassemblies, in stock on shelves, and customer purchases with new reports.
Track Inventory in Multiple Locations
For each location, you can see how many items are on hand, on sales order, on purchase order, and your reorder point… and QuickBooks will automatically calculate which items you need to restock.
Transfer Inventory from One Location to Another
If one location is running low on inventory, you can transfer stock from another location to meet demand without delay.
Flexibility to Set Up Various Types of Locations
In addition to tracking inventory in multiple warehouses, you can track it in different staging areas within a single warehouse, on service trucks, and on consignment. You can even track imported goods ‘on the water.’
Track Your Inventory Data in One Place
Quickbooks Enterprise Advanced Inventory is built with the same user interface, so you don’t have to install, learn and use separate software. Your inventory data is tracked automatically from your QuickBooks invoices, sales orders and purchase orders.