Inventory Tracking and Location-Based Stock Management in QuickBooks Online
I would like to share some feedback regarding the inventory tracking feature in QuickBooks Online. As a business owner, I need a system that allows me to:
Assign inventory to specific locations (e.g., Main Factory, Shop A, Shop B).
Track stock levels independently for each location without affecting the total inventory across all locations.
Input initial stock levels for each location without performing an inventory adjustment that alters my overall stock.
Currently, the inventory transfer feature is a good starting point, but it doesn’t fully meet the needs of multi-location businesses like mine. For example:
I cannot assign initial inventory to a specific location without adjusting the total.
There is no way to view stock levels separately by location during the setup process.
This limitation makes it difficult to maintain accurate inventory records and plan effectively for multiple locations. I believe these enhancements would make QuickBooks Online more robust for businesses managing multiple warehouses or storefronts.
Suggested Features:
Separate Initial Inventory Assignment by Location: Allow users to input starting stock for each location during setup without affecting total inventory.
Location-Based Inventory Reports: Provide clear reporting to track stock levels by location for better visibility and management.
Streamlined Inventory Transfers: Simplify the process for reallocating stock across locations without affecting overall stock calculations.
I appreciate the tools QuickBooks provides, and I hope this feedback helps improve the inventory management features. Please let me know if these enhancements are being considered or if there’s a workaround I might have missed.