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Replying to:
Chia Wei
Level 1

Inventory

My organization has a question regarding inventory management on Quickbooks.

 

#1: When inventory is bought, due to market condition prices of inventory may change. However, recording inventory asset currently shown that it is recording inventory sales at its sales price, is it possible to instead record it under cost price of said goods?

 

#2: In a situation whereby under one supplier there is multiple cost price (example: large quantity is bought hence price is reduced), how do we record them without adding in another inventory category?

 

#3: When recording a product's SKU is it possible to set multiple price?