List

QuickBooks Inventory – Assigning Measure Sets – Part 22

In Part 21, I created a measure set for Area for the QuickBooks sample company White Ridge Construction. White Ridge also buys and sells other items, and with that, uses different measurements. So, I could create a measure set for Length (inch, foot, yard, etc.), Count (each, box, case, dozen, etc.) or anything else that pertains to the business requirements. Once I create the measure sets, I...

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QuickBooks Inventory – Selling Finished Goods – Part 16

I mentioned to you in Part 13 about the QuickBooks warning if you try and build an assemby without sufficient quantities. Well, the same thing happens if you try and sell more assembled units that you have in inventory. This will change the quantity to a negative if you proceed. There have been many times when I have decided to sell the unit anyways, because I knew that an order had been shipped...

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QuickBooks Inventory – Building Finished Goods – Part 13

In the last segment (Part 12), I defined the assembly items which define the pieces you build. It is now time to enter in the build. In this exercise, with the sample company that I have been using, I will build two exterior door kits for the sample company. These are the steps to build an inventory assembly: From the Home page and in the Company section or for some of you it may be the Vendor...

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QuickBooks Inventory – Setting a Unique Markup – Part 9

This section on markup, can of course be used for more than just inventory items. You can set this for any type of item, whether it be an inventory part, non-inventory part, service and other charge items. In QuickBooks you can add a markup of your basic costs by entering in a unique item markup percentage.  This percentage will then be used to calculate the sales price of that item. You will...

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Managing Sales Tax in QuickBooks – Part One

  Since this section has a number of important areas to cover, it will be divided into several segments. If you take a look on your Home page you will see that Manage Sales Tax is part of your Vendor section. With that in mind we will tackle this very complicated topic. If you ever wondered how QuickBooks is able to automatically set up the Sales Tax codes for your business and know which...

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