by Robert Brandon | Aug 23, 2023 | Inventory
In September 2020, Intuit, the parent company of QuickBooks, purchased TradeGecko for $80 million USD. TradeGecko, a popular inventory management solution, was quickly rebranded to QuickBooks Commerce, and for a short time, things continued business as usual. But in...
by Robert Brandon | Aug 22, 2023 | Inventory
Businesses run on cash flow. That’s a simple fact that no one can ignore, not even mega-corporations like Walmart and Amazon. For retailers, this extends to inventory. Put simply, no cash flow means no cash to purchase more inventory, which means no sales. This...
by Robert Brandon | Aug 15, 2023 | Inventory
Dead stock, also called deadstock, refers to unsold inventory that remains in storage without contributing to revenue. It takes up valuable space, ties up working capital, and often signals inefficiencies in procurement, forecasting, or inventory management. The...
by Robert Brandon | Jul 18, 2023 | Accounting
Key takeaways QuickBooks inventory management provides features like real-time updates and low-stock alerts. Tracking inventory with QuickBooks lacks advanced capabilities such as detailed reporting and manufacturing features, which can limit its usefulness to many...
by inFlow Inventory | May 19, 2023 | Inventory
Inventory shortages can affect a company’s profits directly and indirectly. Not having materials for production or products to fill orders leads to lost business in the short term. Shortages also affect long-term revenue because clients or retail customers may...
