Advanced Inventory in QuickBooks Enterprise

For businesses with complex inventory needs, basic tracking is often not enough.
Advanced inventory in QuickBooks Enterprise is designed to help growing and mid-sized businesses
gain deeper control over stock levels, warehouse management, and inventory costs.

What Is Advanced Inventory in QuickBooks Enterprise?

Advanced Inventory is a powerful feature available in QuickBooks Enterprise that provides enhanced tools
for tracking inventory across multiple locations, managing barcodes, and automating inventory workflows.
It is ideal for wholesalers, manufacturers, and distributors with high inventory volumes.

Key Features of Advanced Inventory in QuickBooks Enterprise

• Multi-location inventory tracking
• Barcode scanning for faster picking and packing
• FIFO inventory valuation
• Serial number and lot tracking
• Automated inventory transfers between warehouses
• Custom inventory reports and analytics

Benefits of Using Advanced Inventory in QuickBooks Enterprise

• Improved inventory accuracy and reduced errors
• Better visibility across warehouses and stock locations
• Faster order fulfillment and shipping processes
• More accurate cost of goods sold (COGS)
• Scalable inventory management for growing businesses

How Advanced Inventory Improves Warehouse Management

With advanced inventory in QuickBooks Enterprise, businesses can assign bins, track stock movements,
and manage inventory transfers in real time. Barcode scanning reduces manual entry, while automated workflows
ensure accurate inventory counts across all locations.

Who Should Use Advanced Inventory in QuickBooks Enterprise?

This feature is best suited for:

• Wholesale and distribution businesses
• Manufacturers with complex inventory tracking needs
• Retailers managing inventory across multiple warehouses
• Businesses with high transaction volumes

Advanced Inventory vs Basic Inventory in QuickBooks

Unlike basic inventory features, Advanced Inventory offers greater flexibility, deeper tracking capabilities,
and enhanced automation. Businesses that outgrow standard inventory tracking can benefit significantly from
upgrading to QuickBooks Enterprise with Advanced Inventory enabled.

Conclusion

Advanced inventory in QuickBooks Enterprise provides a comprehensive solution for businesses
that require precise inventory control and scalability. By leveraging advanced tracking, reporting, and automation,
companies can improve efficiency, reduce costs, and make better data-driven decisions.