Products / Services

Hi i recently moved from quickbooks desktop to quickbooks online... slowly getting my head round the changes, I am having a slight issue with the stock that got transferred over tho, it shows as quantity in stock 0, so when i then try and invoice the said stock to customers it is showing a stock adjustment and adding a loss to my profit and loss.....these items show in stock asset account but are not itemised in there. so this also doesn't depreciate when I am invoicing the items out of stock 
any help would be greatly received - thank you in advance
Laura

Answer

o change which account a Product/Service item is associated with on the Chart of Accounts:

  1. Choose Customers and then Products and Services List.
  2. On the list, click to highlight the Product and Service item you'd like to edit.
  3. In the bottom right-hand corner, click the Edit button.
  4. Change the Account field using the drop-down list to choose the appropriate new account (to include, rates,accounts, etc).
  5. If you want all previous use of the item to be changed, beneath the Account field, check the box to also updateaccount in historical transactions. (This box becomes available after the Account field is changed.)

If you have already changed the account, but have not changed the past transactions and want them changed:

  1. Choose Customers and then Products and Services List.
  2. On the list, click to highlight the Product and Service item you'd like to edit.
  3. In the bottom right-hand corner, click the Edit button.
  4. Change the Account field using the drop-down list to choose any other account.
  5. Click Save.
  6. Click Edit again.
  7. Change the account back to the correct one.
  8. Beneath the Account field, check the box to Also update this account in historical transactions. (This box becomes available after the Account field is changed.)
  9. Click Save
Was this answer helpful? Yes No

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.