Is Fishbowl Inventory is better than QuickBooks Inventory?by Manoj Singh rathore Digital Marketing Head and Founder
If you started off as a simple product-based business, QuickBooks' item-tracking might have been great enough for you. You can capture details like product titles and descriptions, price and sales price, associated accounts along with the amount currently available on purchase or sales orders. If you specified a reorder point, QuickBooks would alarm you as soon as you attained it. A couple of accounts helped you maintain your stock amounts from being too high or too low.
However, what happens if your business flourishes and you want a different costing strategy? Or you are opening multiple locations? Or you have to have more flexible pricing amounts? QuickBooks' capabilities in different regions are working fine for you, but its inventory-management attributes are falling far short.
In reality, although it has formidable competition, it's the #1 inventory management solution to QuickBooks. Fishbowl Inventory may be utilized as a standalone solution, but pairing it with QuickBooks turns it into a full-featured small business accounting program with exceptional inventory capabilities. By way of instance, Fishbowl Inventory offers four costing methods in contrast to QuickBooks' two options. It supports barcode printing and scanning, where QuickBooks does not. You're able to coordinate drop shipping in Fishbowl, however maybe not in QuickBooks.
Fishbowl Inventory reports
Other benefits Fishbowl Inventory has over QuickBooks include:
Multiple location and warehouse service
Group and cost-plus pricing, in addition to percentage and amount
Extensive part tracking.
Great Inventory Management a Sign of Competence
Is it a powerful application that automates a intricate procedure like inventory management be simple enough for your non-accountant to utilize? Yes and no. Fishbowl Inventory uses standard Windows conventions like drop-down menus, icons and tagged fields for information input. It's designed to be employed by businesses which don't apply an accounting professional.
For queries related to QuickBooks visit quickbooks support.
Created on Oct 26th 2017 02:18. Viewed 433 times.
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