We recently celebrated Valentine’s Day, and in the spirit of that romantic holiday I would like to talk about how I feel about QuickBooks inventory management. Hint: I love it!
QuickBooks inventory management is an essential tool for small and medium-sized businesses. Here are a few reasons why I love it.
QuickBooks is the most popular accounting software for U.S. small businesses, but it lacks many inventory management features businesses need. That is why inventory management software that integrates with QuickBooks is so important. QuickBooks inventory management adds inventory tracking, barcoding and other key features to the ability to control finances. It’s a great combination!
With QuickBooks inventory management, businesses can save a lot of time. When products are scanned in or out with inventory management software, it should instantly update QuickBooks and generate corresponding invoices and changes to the general ledger. You don’t have to enter the same data into both your accounting and inventory software anymore.
Not only does QuickBooks inventory management save time, it also boosts your data accuracy. Because both QuickBooks and inventory management software get updated at the same time, it means you don’t have to worry about double data entry and possibly making a mistake when entering data. Barcodes and scanners eliminate data entry by hand.
Having one set of books tell you one thing and another set of books tell you something else could lead to disastrous results for your business. You need correct information to stay in control of your financial and inventory situations.
QuickBooks inventory management is the right solution for your business. Fall in love with its cost-cutting features by signing up for a free trial today!