We have a client who uses QuickBooks Financial 2012 and QuickBooks Point of Sale. They are soon to start their inventory and asked the following:
Hey Will,
I don’t want to close the store for inventory. I would rather do it by Vendor or Department. So my question is: can I just use “Quantity Adjustment Memos” to accomplish this instead of “Start Physical Inventory”.
I am assuming that I cannot run the Physical inventory from my computer upstairs while the store is open for business downstairs. Most of the counting will take place after hours but there are Vendors that only have a few items so I want to count them during regular business hours if possible. Thank you!
Will’s response: You can start a physical inventory and still have the store open. What happens is that if something changes during the inventory, it flags that item for later adjustment. Go into the start physical inventory and save a change. That sets the flag.
