If you’re lucky enough to have suppliers who let you hold inventory on consignment, good for you! Having inventory that you don’t have to pay for until after it’s sold is great for cash flow. However, if you don’t do things right in Fishbowl, consigned inventory is not so great for your accounting records. In [...]
In food manufacturing it is common for brands to have the actual manufacturing done by contract manufacturers known as “co-packers.” You order and pay for the raw materials, often having them shipped directly to the co-packer, and then place an order for a set amount of finished goods (which may or may not use up all [...]
If you’re like many people, trying to determine which part type to use when setting up inventory in Fishbowl can make you feel like you’re stuck in a Dr. Seuss book. You know that picking the right part type is crucial to being able to manage the inventory in the best possible way. Which makes [...]
States are facing budget deficits so—surprise!—many are tinkering with their sales and use tax laws and beefing up enforcement in order to increase their tax revenue. Where does this leave you? Most likely scrambling to make sense of it all. A big issue that everyone is grappling with today is that the ways in which [...]
Fishbowl Inventory is a powerful inventory program that integrates with QuickBooks and provides a wide range of features for manufacturing, warehousing and asset tracking. However, just like with any software, to get the most out of Fishbowl Inventory, proper setup is key. Here are the 7 “deadly sins” of Fishbowl Inventory file setup that you [...]
If you’re accustomed to working in a QuickBooks-only environment, discovering how Fishbowl handles units of measure (UOMs) can feel like a breath of fresh air. Fishbowl offers a world of options that QuickBooks does not! With QuickBooks, the stocking UOM or base UOM must be the smallest UOM in which the part is used. This [...]
Just like my clients, I love Fishbowl, the software system that seamlessly integrates with QuickBooks to provide an easy-to-use inventory management system. With Fishbowl you can handle critical tasks that are impossible with QuickBooks alone, such as having units of measure that reflect the way you actually do business. That said, you may have found [...]
Like many things in Fishbowl (and life), when it comes to receiving and reconciling the receipt of inventory against the vendor bill, there’s a right way to do things and a wrong way to do things. Follow the right way to receive, and life in Fishbowl/QuickBooks–land is joyful and wonderful. Do things the wrong way, and things [...]
Fishbowl is robust program for managing your inventory, enabling you to do things that just aren’t possible in QuickBooks alone. Doing things in the right order makes a big difference In a Fishbowl/QuickBooks environment, Fishbowl acts as the “master.” You receive and reconcile inventory in Fishbowl, and then Fishbowl pushes the information through to QuickBooks. [...]
I love Fishbowl, and the way it seamlessly integrates with QuickBooks to give manufacturers, warehouse operators and others a robust inventory management system. However, as with any system that involves a variety of people and moving parts, mistakes are often made. Here are three of the common Fishbowl errors that I see: 1) Failing to reconcile [...]
TaraByte Solutions has been providing expert QuickBooks consulting and accounting services to small and mid-market firms since 2001. Our focus is the selection, sale and implementation of inventory solutions. Join the many retail, wholesale, manufacturing and e-commerce businesses that count on us for scalable best-of-breed applications.
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