Inventory Management for Small Businesses

• As stock comes in and out, QuickBooks’ stock inventory management software auto-updates your inventory. This makes it easy to see what’s selling and what you need to order.
  Add bill with purchase and invoice with sale
  You can keep product cattegorised based on save category type
  Organize your products with images, categories, and prices.
  You can sync online sell and inventory auto updated
  You can use class feature for different store or place.
  You can record purchase in multi currency
  Auto-calculate the cost of each product sold by using first-in, first-out (FIFO).
  Run reports of bestselling items
  Run reports of bestselling items, total sales, and total taxes.
  Not feasible for manufacturing bsuniess

Bookkeeping pro services is pro when it comes to inventory management in quickbooks. We trach your inventory category wise and give you insight you never ran out of stock at critical time,

• Get insight
  Real time inventory values
  Track inventory by item or date

BPS virtual CFO can help as following:
Xero inventory management allows you manage your inventory with accuracy, Xero inventory management keep track of what’s in stock with inventory software. Populate invoices and orders with items you buy and sell.

• Track items in stock
  Xero keeps count of items and their value.
  See what's selling
  View reports on how well items are selling.
  Add items to invoices
  Use preset details in invoices and orders.

BPS virtual CFO can help as following:
Zoho Inventory is an advanced inventory and order management software that lets you centralize your inventory system and automate your business' entire order-to-cash process. Create an item in Zoho Inventory and account for it in Zoho Books. Next time you post a sales or purchase transaction for your items in Zoho inventory, watch the changes reflect in Zoho Books, helping you avoid duplicate data entry.Manage end-to-end inventory tracking for your items in Zoho Books, with advanced Zoho Inventory features such as backorders, composite items, multi-warehouse management, and much more.
Get detailed insights into the valuation and worth of your inventory anytime, with the help of Zoho Inventory reports.
Other inventory management software
There are many best option available for inventory management. BPS professionals has expertise in almost all of these available tool. Here is the list of option you can opt from

• Best Overall: Cin7 Orderhive
  Best for B2B Companies: inFlow
  Best for Retail Stores: Lightspeed Retail
  Best for Restaurants: Upserve
  Best for Manufacturing: Megaventory

BPS professionally has been working with ecommerce busniesses and we conclude that mastering inventory management can leverage their online store to boost further.
Effectively managing inventory is one of the most critical aspects of running a successful ecommerce business. If you don’t, you risk losing money or failing to meet customer demand. The following information provides insight on how to establish an accurate, efficient, and cost-effective inventory management process.
Inventory management for retail businesses
You know what your inventory is: it’s the products you stock to sell to your customers. And you know inventory management is keeping that stock in order.
But inventory management is much more than just good organization. It also helps you manage the ordering, storage and carrying costs of your inventory, so you get a better ROI from your stock.
Airtight inventory management gives you the information you need to:

• Increase your profit margins
  Decrease excess stock
  Cut down on your inventory costs
  Work in a better, more efficient way

  Effective inventory management processes can also help you answer these questions:

  How much of each item is in stock?
  What and when do you need to reorder?
  Are you ordering too much or too little inventory?
  What are your best and worst selling items?
  Should you stop selling something completely?
  Is your inventory storage sufficient?

Inventory management play key role in business. By hiring professional at bookkeeping pro services will help you get right stock at right time and never ran out of inventory. Inventory management software come with various features, and our professional have mastered it. Bookkeeping pro services is giving affordable and quality inventory management service. Inventory management software need to have following features and we will guide best and costing effective plan. Here are features that we are best at:

Features

• Reorder alerts
  inventory reports
  sales reports
  Purchasing reports
  Dashboards
  Barcoding and mobile systems
  System integrations