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Explain How Quickbooks Can Be Helpful In Managing Products And Inventory?

Answer»

Inventory VALUATION summary: It summarizes key information such as quantity on hand, value and AVERAGE COST for each inventory item

Purchases by product or service detail: Groups your purchases by the items in your product or service list

Sales by product or service detail: List sales for each item on your service or product like date, transaction type, rate, quantity, total and amount

Inventory valuation detail: Lists the transactions that each inventory item is linked to and shows how the transactions AFFECTED quantity on hand, value and cost

Sales by product or service summary: It summarizes sales for each item on your service or product; it includes amount, quantity, percentage of sales and average price.

Inventory valuation summary: It summarizes key information such as quantity on hand, value and average cost for each inventory item

Purchases by product or service detail: Groups your purchases by the items in your product or service list

Sales by product or service detail: List sales for each item on your service or product like date, transaction type, rate, quantity, total and amount

Inventory valuation detail: Lists the transactions that each inventory item is linked to and shows how the transactions affected quantity on hand, value and cost

Sales by product or service summary: It summarizes sales for each item on your service or product; it includes amount, quantity, percentage of sales and average price.



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