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How to setup your inventory file in ConnectBooks
How to setup your inventory file in ConnectBooks

This article walks you through setting up your inventory file and adding items.

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Written by Chava Teller
Updated over 2 months ago

Our new inventory feature offers real-time tracking and effectively replaces QuickBooks' inventory tracking system. While QuickBooks faces challenges like difficulty in tracking warehouses and delays in updating data, ConnectBooks addresses these issues. Our solution provides instant, up-to-date information, making it easier to troubleshoot and avoid discrepancies. We use the FIFO method for cost calculation to maintain accurate records. In addition, we've introduced several new reports that give you a clearer understanding of your inventory and help you stay on top of your business in real-time.

Setting up your inventory file.

Step 1: Create an inventory file

  • Navigate to the Stores and Files tab in the main menu.

  • Select Add Inventory File, name the file, and save it.

Step 2: Enable settings

Turn on the desired settings. This can be changed at any time.

Once the file is created, you can immediately start adding items, entering bills, or recording any transactions for that file.

Step 3: Connect stores

Click Continue Setup and choose the stores to link to this file.

Multiple Inventory Files

If you have completely separate QuickBooks (QB) files or companies, you should create separate inventory files for each. This is important because inventory will not be shared between these files. Only do this if you need to keep inventory fully distinct between different businesses. You can still easily switch between files on any inventory-related page by using the dropdown menu.

File Settings

Use listing image for the item: Enable this option to have ConnectBooks automatically pull the item image from Amazon for all mapped products.

Enable track warehouses: to enable warehouse tracking you need to select which warehouses to connect to each store

Set beginning dates: This is the date when inventory tracking begins per store.

Ideally, choose a day when you’ve calculated your current inventory and stock levels. Enter these figures and make an adjustment in ConnectBooks for complete accuracy.

For any additional guidance, please reach out to support. We're here to help!

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