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Learning objectives

  • Choose the correct inventory method for your business and understand how Xero accounts for inventory.
  • Add products and services as tracked or untracked inventory items and set up inventory accounts.
  • Import multiple inventory items in one go and enter opening balances for inventory items you track.
  • Edit inventory items individually or in bulk and delete items you no longer need.
  • Create an adjustment account to record inventory adjustments.

Course outline

    Learn the differences between tracked and untracked inventory items. Minimise data entry by setting up items for those products and services you frequently buy and sell and track cost of goods sold.

Topics covered

  • Inventory

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