Inventory considerations when Migrating to QuickBooks Online

Season #4

Rachel and Dan will be discussing what happens to Inventory when migrating from QuickBooks Desktop to QuickBooks Online. We discuss the nuances and talk about some best practices.

Workshop Wednesdays are a free live discussion about topics affecting Accountants, Bookkeepers, and Business Owners. Register for the Live sessions at: https://www.schoolofbookkeeping.com/workshop-wednesday 

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00:00 Introduction and Casual Banter

01:06 Technical Difficulties and Background Changes

02:39 Inventory Management: Desktop vs. Online

04:51 Advanced Inventory Features and External Apps

08:40 Cost Calculation Methods in QuickBooks

21:08 Negative Inventory and Migration Challenges

28:34 Inactivating Items and Migration Considerations

38:05 Conclusion and Upcoming Topics