https://www.accountinghub.co/wp-content/uploads/2019/01/accounting-hub-1-2.png,
Address :
1170 Peachtree St NW,
Atlanta,
Georgia - 30309
United States.
Tel : +1-844-313-4856
$99 and up,

Import Inventory Into QuickBooks

When you have inventory records in the QuickBooks maintained, it helps in keeping a track of the sales and availability of the products at a particular point in time. While you shift completely to QB Online, you have to import the inventory data safely and accurately to your new software platform, right?

To ensure the inventory is properly imported in QuickBooks, you have to follow different steps, falling into two different categories, one of which is to ensure the Inventory Tracking option is enabled. The option when turned on will make the import and update process for the inventory easier using an Excel sheet.

Steps Of Import Inventory Into QuickBooks

Step 1: Prepare A Spreadsheet

  • Go to Insert option in the menu bar
  • Click on Worksheet
  • Enter Inventory in column A of the excel sheet
  • Make sure to add this for each item on the spreadsheet
  • Make column B, enter the item’s name
  • In column C, add a description for the item
  • For column D, E, and F, have Sales Income, Cost of Goods Sold, and Inventory Asset as your field names respectively
  • In column G, enter the quantity or column in which the inventory items are available
  • Add the cost of each item in column H. Use standard format – 0.00 and not use the dollar sign.
  • In the Column I, enter the sales price
  • For column J, add the number of units to be left in stock before being notified to order additional items.
  • Column K should be left blank. This will be for the total value of the inventory on the basis of its cost per unit. This will be done automatically when you are using QuickBooks
  • Column L will contain the date when the inventory presently in stock would affect your accounts. The format should be DD/MM/YYYY
  • In column M, add manufacturer part number. It’s optional
  • Put all the details under specific columns for each item that you deal with

Step 2: Import Inventory In QuickBooks And Update

  • Go to the File menu
  • Click Utilities
  • Choose Import
  • Choose Excel Files
  • Go for Advanced Import
  • Click on Browse to locate the Excel sheet you want to import
  • Choose to Open
  • Choose the worksheet containing the required data
  • Uncheck the This Data File Has Header Rows box
  • From the drop-down, click on Choose Mapping
  • Choose Add New
  • Enter Inventory Report under Mapping Name column
  • Choose Import Type
  • Select Item
  • Choose to Save
  • Review the items properly and once reviewed, import them

Though the steps are clearly mentioned, there are chances of you being stuck in the process while importing inventory in QuickBooks.

Final Words :

In such a scenario, you are free to call our representatives on QuickBooks technical support phone number  and they will guide you through the process.

Don’t forget that we are available to assist you 24/7. Call us anytime and get guidance.

Summary

Article Name: Import Inventory Into QuickBooks
Description: Want to Import Inventory into QuickBooks? Follow the given steps of this article to know how to import and update inventory in QuickBooks, If you need of technical assitance call .
Author Name: George Reagan
Publisher Name: Accountinghub.co
Import Inventory into QuickBooks

Further Reading

  1. How do you Record a Loan Payment for Fixed Asset in QuickBooks?
  2. QuickBooks Error 6175
  3. Register QuickBooks Library Files Failed Error
  4. How to Protect QuickBooks from WannaCry Ransomware Threat
  5. QuickBooks 2019 Server not Running
  6. How to Activate Direct Deposit in QuickBooks Desktop Payroll
  7. QuickBooks Payroll Error PS032
  8. Setup Sales Tax in QuickBooks
  9. Setup QuickBooks PPP Loan Account
  10. How to Follow Up with New Customers for Grow Your Business
disclaimer
Chat Now

Contact Us

Phone

+1866-547-0606