I am trying to enter my current inventory into the QuickBooks POS system. There are no items in the system. This is the first attempt at entering retail inventory into QuickBooks POS Cash Register Plus 2011. I recently bought the barcode scanner and would like to begin using it to streamline the sales entry and produce reports for ordering, sales history, inventory audit, etc.
I am in the inventory screen and I am creating a new item. What I don’t see is the place to put in the quantity on hand or the cost. (I will use the cost at a later date but I don’t see where to put it.)
Should I be in a different screen? or is this the only place to do this?
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The software that is included in QuickBooks POS Cash Register Plus is the free version, and unfortunately, the free version doesn’t track inventory which is why there’s no place to enter on hand quantities. All the free version does is ring up sales, process credit cards (if you have a QuickBooks POS merchant account) and exchange sales data with QuickBooks.
You’ll need to buy QuickBooks Point of Sale Basic or Pro if you want to track inventory, customers or vendors.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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