How to enable inventory tracking for a product?

You are allowed to turn on inventory tracking for any products at any time, whether creating a new product or updating an existing product.

Note:

  1. Inventory tracking cannot be turned off once it has been turned on.
  2. Turning on inventory tracking for existing products doesn't affect existing transactions that contain the product.

To enable inventory tracking for a product, simply follow the following steps.

  • Create a new product / view an existing product that doesn't have inventory tracking turned on.
  • Turn on inventory tracking.
  • Select an inventory account to keep track of the asset value.

  • Make sure the Income Category is selected (You can select Sales Income created by the system).

  • Make sure the Cost of Sales Account is selected (You can select Cost of Sales created by the system).

  • Click Save.