Track and Manage Inventory in QuickBooks Online
44.5 هزار بار بازدید -
6 سال پیش
-
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Index
0:29 Buying low, selling high
1:13 The method QBO uses for costing for COGS
1:27 Adding a product into QBO
2:13 The SKU should be at least 3 letters
2:45 Back date the product
3:18 Inventory Asset
3:30 Expense account is the COGS account
4:30 Make sure you look at the item detail
4:55 Save and New, no change to P&L
5:22 Recording the 2nd expense of buying product
5:47 Selling the product, creating sales receipt, recording selling 30 of them
7:00 See the profit recorded from the sale
7:07 How the COGS was calculated
This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Nerd Enterprises, Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Nerd Enterprises, Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
Bulletproof Bookkeeping® Mastery Course with QuickBooks Online
https://nerdyurl.com/BB-Course-Reg
Register to get notified about my upcoming eCommerce and QuickBooks Online course:
https://nerdyurl.com/ecomm-interest
Index
0:29 Buying low, selling high
1:13 The method QBO uses for costing for COGS
1:27 Adding a product into QBO
2:13 The SKU should be at least 3 letters
2:45 Back date the product
3:18 Inventory Asset
3:30 Expense account is the COGS account
4:30 Make sure you look at the item detail
4:55 Save and New, no change to P&L
5:22 Recording the 2nd expense of buying product
5:47 Selling the product, creating sales receipt, recording selling 30 of them
7:00 See the profit recorded from the sale
7:07 How the COGS was calculated
This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Nerd Enterprises, Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Nerd Enterprises, Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.
6 سال پیش
در تاریخ 1397/08/29 منتشر شده
است.
44,591
بـار بازدید شده