Whether you want to track sales, purchases, inventory valuation, or stock levels, HostBooks inventory management software for small businesses allows you to track all your inventories from anywhere at anytime.
You can quickly import all your inventories in bulk using a spreadsheet and make your transition to the online accounting software hassle-free. Also, all the supported and mandatory fields are shown to make the process even simpler.
Our online inventory management software allows you to keep track of and ascertain the value of stocks. It offers multiple valuation methods such as LIFO, FIFO, and Average Cost.
With the best inventory management software, you can eliminate the occurrence of shortages by always staying updated about the stock on-hand. This also helps you to avoid both stock-outs and excess stock.
When creating invoices, you can easily select desired items like trackable inventory, non-trackable inventory, service, or bundle. This helps you to create accurate and consistent invoices.
Unlike spreadsheets, inventory management software helps you to minimize the chances of data entry errors and increases efficiency. Additionally, cloud accounting software syncs your business data related to inventory, sales, and accounting across all your devices.
After opening the accounting application, go to the Books menu and click on Inventory. Next, click on the Inventory button and select the option as per your requirements – Inventory, Non-Inventory, Service, or Bundle. Thereon, provide all the required information and click on the Save button to add the item.
On the accounting dashboard, hover over the Books menu and then click on Inventory. You will see the list of inventory items that you have added previously. Simply click on the trash icon under the actions column and then click on OK to confirm your action to delete an item.