What You’ll Learn

• Defining Income accounts in the Chart of Accounts
• Setting up your Services list
• Setting up your Products list
• Selling services to your customers
• Using Invoices and Sales Receipts
• Using Purchase Orders to buy products for resale
• Managing Inventory
• Running Reports to show your best-selling services & products, and profit margins by revenue stream and customer

Items & Inventory for QB Desktop Course Description

Products and Services in QuickBooks Online lists your small business’s product line, and the services offered to your customers. QBO also has inventory management accounting. Learn to use Intuit’s Products and Services list to track your sales, inventory assets, and cost of goods sold.

Set up a list of the services you provide and/or the products you sell. Add them to your Invoices and Sales Receipts to show customers what they paid for. Manage Inventory. Run reports to find out your best-selling products and services that make you the most money.