QuickBooks Inventory Management Software | Acctivate

QuickBooks Inventory Management Software

 

Warehouse Transactions & Inventory Control

 
 
 
 
 
 

Inventory Transactions Training

Getting Started with Transactions

Quick Checklist

  1. Review the receipt window, as well as the alternate option of using receipts to break products down.
  2. Adjust quantity on hand for a few items.
  3. Issue stock out as an expense unrelated to a specific customer.
  4. Create and enter an inventory count. Check out this webinar on full vs cycle counting.
  5. Create a standalone vendor bill via landed cost to allocate costs to inventory.
  1. For customers utilizing multiple warehouses or bin locations, create an inventory transfer. Print the session before and after posting to review the associated forms.
  2. When doing manufacturing, create an inventory assembly transaction.
  3. Sync with QuickBooks and review the accounting entries sent to QuickBooks.

Inventory Transactions Library

Guided steps for specific functions regarding purchasing

Receipts

Create a purchase order receipt that is linked to specific POs to ensure the proper reconciliation of purchase accounts.

Receive Shipments with the Mobile Receiving app via a handheld barcoding device.

Use a standalone inventory receipt transaction to split lot numbers or break down one product to create others.

Adjustments

Adjust inventory up or down by a specific number like for damaged goods that need to be removed from inventory.

Adjust incorrect unit costs to obtain the exact On Hand value that you want to see in inventory.

Issue stock (remove from inventory) for non-sales uses, i.e., samples, trade show demos & donations and select a GL Expense account per transaction.

Follow 3 steps to do an inventory count in Acctivate and keep accurate inventory numbers with cycle counts at regular intervals or year-end counts.

Use a mobile barcoding device and the mobile inventory module to open and post inventory count sessions created on the desktop app without printing huge count sheets.

 

Transfers

Transfer inventory between multiple locations, in multiple warehouses or between multiple locations within a warehouse.

Move stock with Mobile Inventory Transfers by barcode scanning to transfer inventory from one warehouse and/or bin location to another from a mobile warehouse device.

 

Assemblies

Create assemblies to combine/consume multiple raw material items into a single finished product to be stocked and sold.

Assemble finished goods with Acctivate Mobile Inventory Assemblies.

Capture the status/stage of an assembly at every level to keep track of the manufacturing process.

Landed Cost

Utilize the Landed Cost module to create a vendor bill and allocate the cost across posted inventory transactions.

 
 

Track & Trace

Track the usage and/or trace the source of a lot or serial numbered item in Acctivate.

 
 

Void Transactions

Void inventory transactions posted incorrectly and repost with the correct information.

 
 

Back To Top

Connect with us