how do i track what items need to be ordered easily
how do i track what items need to be ordered
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cH2s280zGr3QjyacfA8pyY
11/14/09 7:45pm PST
Viewed by asker 12/24/09 12:33pm PST
Viewed by asker 12/24/09 12:33pm PST
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3 Replies
Fretley
Questions asked: 36
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Questions answered: 643
Points earned: 1315
Allstar
Advisory council of community power users.
11/17/09 2:08pm PST
The ReOrder Point:
Is a value you provide when you create or update an inventory item. The quantity available is the quantity on hand minus quantity on open sales orders. The quantity on order is based on open purchase orders in the system.
You set the reorder point for an inventory item when you add it to your Item list. By using your Reminders list, you can have Quick Books remind you when it's time to reorder a particular item,
Go to the Reports menu, choose Manufacturing and Wholesale Reports, and then click Inventory Reorder Report by Vendor..
"if it ain't broke, enhance it"
11/18/09 7:36am PST
The solution
Fretley summarizes it nicely - I would like to just add one option - your reorder points are key to knowing when and how much to order. The bottom 30% of businesses have nine times more inventory than their top 20% performing peers. Furthermore, they are also seven times more likely to be in a stock-out. In other words - we often have too much of what we don't need and too little of what we do need. This all leads back to how you set your reorder points.
If you are looking for an easy way set your reorder points so that you have the right amount of inventory - I recommend you take a look at the Intuit Solution Marketplace. http://marketplace.intuit.com/...
This solution analyzes QuickBooks data to make the right choices and provides easy to understand color coded alerts.
