Today, we are going to discuss how to use reports to see your sales and inventory status with the help of QuickBooks Desktop Support team. Users can use reports to get helpful insights on the things that they buy and sell, and the status of their inventory. We’ll show you which reports to run depending on what kind of info user want to see.
In order to get started, go to Reports, then select Standard. When it is done, here’s what you can do.
You may see your best sellers
First of all, navigate to the “Sales and customers” group of reports. Then you need to run these reports to see your sales by products and services:
- Sales by Product/Service Summary: The total sales for each product and service.
- Sales by Product/Service Detail: Your sale transaction by product or service.
Want to learn more? We also covered these sales reports in this quick video:
Check what’s in stock
Navigate to the “Sales and customers” group of reports. Then users need to run these reports to know what’s on hand, so they always have what their customers want:
- Inventory Valuation Summary: The quantity on hand, value, and average cost for each product.
- Inventory Valuation Detail: Your transactions for each inventory item, and how they affect quantity on hand, value, and cost.
- Physical Inventory Worksheet: Your inventory items with space to enter your physical count, so you can compare to the quantity on hand in QuickBooks.
Check what’s still on order
Navigate to the “Expenses and vendors” group of reports. Then user can run the Open Purchase Order Detail report.
This will help them to show how many items are still on order and how many they’ve received so far.
How to check what’s in stock and what’s on order as you work
Users can also check what’s on hand and what’s still on order as they work. Just hover their pointer over the quantity they entered on any transaction.
In case, if they entered reorder points, QuickBooks will also alert them if a product is running low.
Want to learn more on tracking what you order and receive? Check out our short video on handling inventory from vendors:
You may customize your reports
If you want to customize your daily reports then tailor each report to the info you need the most. Navigate to the top of any report to change the report date, grouping of info, and more. In order to see all changes you can make, click & select Customize.
Hope the article will be a help to you to know how to use reports to see your sales and inventory status with the help of QuickBooks Desktop Support team. However, if you face any problem you can make a call on our QuickBooks customer care number and take assistance from ingenious professionals. You can also write to us at firstname.lastname@example.org . For more information visit – www.quickbooksupport.net. Stay in touch with our executives present 24*7 to guide you.