Is QuickBooks Online good for inventory management?

QuickBooks is a phenomenal piece of software for businesses to keep track of their accounts.

But is QuickBooks Online good for inventory management?

The short answer is no, especially when it comes to ecommerce retailers selling across multiple online channels. While there are benefits to using QuickBooks inventory management, most growing businesses will need much more robust software that can push data over to QuickBooks to complete their accounts.

Here, we discuss why.

Why we require QuickBooks Inventory Management?

Integration with Goods Order Inventory System forms a powerful business solution for global businesses wanting a perpetual inventory control system to control stock movements accurately.

Assembly and Bills of Materials

Extend QuickBooks’ functionality with Goods Order Inventory’s efficient kitting feature, which allows you to sell bundled products without needing to pre-assemble them. With Goods Order Inventory’s kitting process, you can track the value of the stock used, giving you an accurate cost of your finished goods.

Flexible Order Fulfilment

With Goods Order Inventory you can be flexible with your order process. Build on QuickBooks with Goods Order Inventory and start easily tracking separate invoices and shipments. Goods Order Inventory can seamlessly split a sale into multiple shipments for when you don’t have all of the stock you need on hand.

Get the stock that you do have out of the door to the customer, and simultaneously order the balance of goods. Then find the stock journals generated by the shipments in QuickBooks, giving you instant, accurate costs and margins. Easy!

Real-Time Visibility

Don’t wait until the end of the month – with your inventory online you can see how your business is running in real-time from your live dashboard.

Get up-to-the-minute stock numbers and sales margins in Goods Order Inventory, plus instant updates to QuickBooks Online when connected with our native integration. All transactions are processed immediately so you can make better business decisions.

Track Stock Across Multiple Locations

Having trouble with multiple locations in QuickBooks? With Goods Order Inventory you can easily keep track of stock across multiple warehouses, in multiple locations, anywhere in the world.

Goods Order Inventory lets you know exactly what stock you have, and where. Our digital warehousing system also lets you segregate stock within your system to manage consignments or quarantined inventory.

Pick, Pack & Dispatch

A Goods Order Inventory and QuickBooks integration lets you take control of your order and shipping process. Goods Order Inventory’s pick and pack features give you more control of your warehouse operations. Not only can you track stock from ‘pick’ right through to ‘dispatch’, including track-and-trace for orders on delivery, but you can keep your staff updated via Goods Order Inventory.

Why not try it out for yourself? We, Offer a 14Day Free Trial, so you can see just how much Goods Order Inventory can help your business.

For more information and a tailored demonstration, please contact us or at sales@goodsorderinventory.com

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