The answer is to deploy a capable, smart inventory management solution that can make better use of your staffing resources and time, reduce your operating costs and improve customer satisfaction with fast and accurate order fulfillment.įishbowl Inventory is an ERP system that replaces the pain of inventory and manufacturing management, with advanced, simple, intelligent, real-time process and reporting – backed up with an expert team at your fingertips. Lack of proper inventory control can be terrible for a business, but the good news is your inventory worries can be easier to solve than you think. The way inventory management and manufacturing should be! Having anything short of optimized inventory management is a recipe for disaster. Inaccurate stock counts which lead to overstocking and increase in operational costs, or understocking (which too often leads to loss in sales, revenue and productivity) not only affect your reputation they hit the bottom line.
Regardless if the business is large or small, old or new, their business is growing and expanding and now is the time to implement a system that will produce efficiencies and processes that are needed in the business. Whether you are a full-scale manufacturing company, a high turnover eCommerce business, or Business to Business (B2B) wholesaler, all distribution, warehousing and manufacturing companies know the feeling.Īt Fishbowl Inventory this is a familiar story that is heard time and again from prospective clients who have reached a point where they are fed up. You purchase a widget for $2.00.Tired of searching for a better way to get your inventory under control? Let Fishbowl Inventory help manage your business better.ĭoes this sound like your business? Incorrect stock levels, your team often struggling to fulfil customer orders accurately or on time, your inventory and manufacturing data is spread across multiple spreadsheets, or worse still, is manually recorded. The average cost is the sum of the cost of all of the items in inventory divided by the number of items. QuickBooks uses the weighted average cost to determine the value of your inventory and the amount debited to COGS when you sell inventory. How does QuickBooks calculate inventory value?
Intuit launched QuickBooks Online in 2004 with the aim of offering software managed payroll, inventory, sales, and other accounting needs of small businesses. You can also enter non- inventory products and services so you can quickly add them to your sales forms.Īlso know, is QuickBooks good for inventory management? Track what's on hand, get alerts when it's time to restock, and see insights on what you buy and sell.
QuickBooks Online has everything you need to manage your inventory.