QuickBooks Manufacturing & Wholesale is an industry-specific version of QuickBooks Online offering some features manufacturers need to track financials tied to their inventory. While the inclusion of this version hints at industry specific developments, the number of additional features available in this version are surprisingly limited. QuickBooks for manufacturing can do the basics such as creating bills of lading, work orders and tracking items at multiple locations but only supports average cost calculations and does not offer either traceability or lot / serial number tracking.
Most manufacturers need much more!
SOS Inventory was designed to address the shortcomings in QuickBooks Online, delivering inventory tracking and accounting capabilities appropriate for a manufacturing company.
So, how does SOS Inventory harness the potential of QuickBooks Online?
QuickBooks in isolation can create kits, support custom fields and deliver basic inventory management.
SOS does much, much more, supporting:
- Serial Numbers
- Assemblies with Unlimited Levels
- Drop Shipping
- Job Costing
- Contract Manufacturing
- Rule Based Workflow
- Automated Order Processing
- In-app Notifications
- Basic Inventory Management
- Custom Fields
- Sales Orders
- Multiple Locations
- Landed Costs
- Partial Receiving/Partial Shipping
- Process Manufacturing
Some sectors (such as Food, Chemicals and Pharmaceuticals) have onerous tracking and traceability requirements to meet increasingly stringent global legislation, and for the safe operation of the businesses.
In the unlikely event of a recall, you need quickly identify the suspect batches, and trace where they went and their source(s). Without this ability, you may end up having to recall an entire day’s or week’s production the cost of which doesn’t bare thinking about!
SOS Inventory provides simple to use track and trace to give you full visibility and control.
With SOS Inventory, you can…
- Generate an invoice for partial shipments
- Update inventory automatically when creating an assembly
- Customize pricing tiers for each customer
- Manage commissions for the sales team
- Update total inventory across all locations with a central database
- Update physical inventory directly from the warehouse on any mobile device
- Check the status of any item at any point in time to know where it is, where it was and where it’s going
- Reorder low inventory items from suppliers automatically
QuickBooks Online can accomplish many powerful finance functions on its own. To upgrade its abilities with MRP functionality, synch with SOS Inventory to add on full or partial invoicing for orders, product costs in different stages of production, and integrate details from supply chain to delivery to supercharge your QBO account’s functionality.
Manufacturing Inventory Software for QuickBooks
SOS Inventory was designed to handle all the manufacturing and inventory functions and relay them to QuickBooks Online in the proper format for enhanced reporting and financial control. SOS pools barcode information, production, warehouse, fulfillment, and sales together to present a complete picture of the manufacturing end of the business to QBO.
SOS Inventory is written specifically for SME’s and is thus designed to be easy-to-purchase, easy-to-implement and easy-to-use. It is highly affordable from just $39.99/month.
Get started today at no risk, with no credit card required. Just sign up today and let SOS Inventory give your business a true platform for growth!