Managing products and services lists in QuickBooks Online
The products and services that you sell are referred to as items in QuickBooks. You can track all of the products and services that you sell in QuickBooks Online. This includes the product name, product (item) number, product description, cost, selling price, and quantity on hand. It’s important to set up products and/or services so that you can easily invoice customers for their purchases. In addition, these items are linked to an account on the chart of accounts so that QuickBooks can do the accounting behind the scenes for you. Once you have added products and services to QuickBooks, you will be able to run detailed reports on the products and services you sell.
In this section, we will cover how to manually add items, how to import items, how to modify existing items, how to inactivate items, and how to merge items in QuickBooks Online. You will need to create items in order to invoice customers.
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