Running Inventory Reports in Quickbooks

Running inventory reports in QuickBooks helps you keep track of your stock levels, monitor sales, and make informed decisions about inventory management. QuickBooks provides various inventory-related reports to assist you in this process. Here’s how to run inventory reports in both QuickBooks Online and QuickBooks Desktop:

QuickBooks Online:

1. Log in to QuickBooks Online: Sign in to your QuickBooks Online account using your credentials.
2. Access Reports:
   • Go to the “Reports” tab on the left-hand side.
3. Select an Inventory Report:
   • QuickBooks Online offers several inventory-related reports, such as “Inventory Valuation Summary,” “Inventory Valuation Detail,” “Inventory Stock Status,” and more.
   • Choose the report that best suits your needs by typing its name in the search bar or navigating through the categories.
4. Customize the Report:
   • Once you’ve selected a report, you can customize it using the “Customize” button.
   • Adjust the report’s date range, filters, and columns to display the information you require.
5. Run and View the Report:
   • Click the “Run report” button to generate the report based on your preferences.
   • Review the report on-screen or export it in various formats (e.g., PDF or Excel) for further analysis or printing.

QuickBooks Desktop:

1. Open QuickBooks Desktop: Launch QuickBooks Desktop and open your company file.
2. Access Reports:
   • Go to the “Reports” menu.
3. Select an Inventory Report:
   • QuickBooks Desktop offers several inventory-related reports, such as “Inventory Valuation Summary,” “Inventory Valuation Detail,” “Inventory Stock Status,” and more.
   • Navigate through the “Reports” menu to find the report you need.
4. Customize the Report:
   • After selecting a report, you can customize it using the customization options provided.
   • Adjust the report’s date range, filters, and columns to tailor it to your requirements.
5. Run and View the Report:
   • Click the “Run” button or a similar option (depending on the report) to generate the report with your chosen settings.
   • Review the report on-screen or export it in different formats for further use.

Some of the most commonly used inventory-related reports in QuickBooks include Inventory Valuation Summary, Inventory Valuation Detail, and Inventory Stock Status. These reports provide insights into your inventory’s value, item quantities, and sales history, helping you make informed decisions about purchasing, pricing, and inventory management.

Let us be your virtual bookkeeper for small business. With our efficient and reliable services, you can access your financial data anytime, anywhere, and make informed decisions on the go.

Remember that the specific steps and available reports may vary slightly depending on the version of QuickBooks you are using, so refer to the user guide or help documentation for your version if you encounter any difficulties.