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QuickBooks® Training Library: The KnOWLedge Base

Items & Inventory for QB Desktop Course


Course
Quantity
For someone else
Alicia Katz Pollock
Quantity
For someone else
Purchase for $43 or enter access code

Learn to use Intuit’s QuickBooks Online Products and Services list to track your services, product line, sales, inventory management, and cost of goods sold.

What You’ll Learn

  • Defining Income accounts in the Chart of Accounts
  • Setting up your Services list
  • Setting up your Products list
  • Selling services to your customers
  • Using Invoices and Sales Receipts
  • Using Purchase Orders to buy products for resale
  • Managing Inventory
  • Running Reports to show your best-selling services & products, and profit margins by revenue stream and customer

 

Instructional Level

Basic

Course Length

1.5 hours

Course Credits

1.5 CPE, Certificate of Completion

Field of Study

Accounting/Bookkeeping

Delivery Method

QAS Self Study

Who should take this class?

  • Business owners and employees who maintain their company’s financial records
  •   Students and job-seekers will boost their employment marketability
  •   Entrepreneurs and new business owners who are just getting started, and want to make sure they have solid business knowledge so that they can succeed
  •   Seasoned users looking to glean essential nuggets of information to make using QuickBooks® easier and faster than before
  •   Bookkeepers and Accountants who wish to brush up on their skills

Advance Preparation

None

     

    Items & Inventory for QB Desktop Course Description

    Products and Services in QuickBooks Online lists your small business’s product line, and the services offered to your customers. QBO also has inventory management accounting. Learn to use Intuit’s Products and Services list to track your sales, inventory assets, and cost of goods sold.

     

    Set up a list of the services you provide and/or the products you sell. Add them to your Invoices and Sales Receipts to show customers what they paid for. Manage Inventory. Run reports to find out your best-selling products and services that make you the most money.

     

    Evergreen Content

    You'll have lifetime access to the on-demand course including all handouts and class material, including future updates. You'll also be able to ask questions in the Q&A forum and get answers, even years later. You can pause, rewind, speed up, and watch again later as you apply what you learn to each situation as it crops up.

     

    Why pay full price? Sign up for a Royalwise OWLS Membership
    and get this course and more for one low monthly price.
    Silver membership pays for itself in just two courses per month!

     

     

     

     

    Refunds & Cancellations

    Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.

     

    Royalwise is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

     





    Course Updated: December 2021
    Course Page Updated: April 2024

    Here is the course outline:

    1. Download the Handout

    Download the handout that goes with the course.

    1 section
    Download the handout here

    2. Watch the Video: QuickBooks Items, Products, Services, and Inventory

    Set up a list of the services you provide and/or the products you sell. Add them to your Invoices and Sales Receipts to show customers what they paid for. Manage Inventory. Run reports to find out your best-selling products and services that make you the most money.

    1 section
    Items and Inventory for QuickBooks Pro, Premier, and Mac

    3. Take the Quiz

    Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

    1 section
    Quiz: Products, Services, and Inventory

    Completion

    The following certificates are awarded when the course is completed:

    Royalwise CPE Certificate
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