New Series - Rachel and Dan will be joined by Shawn Coultice from Katana to discuss some side by side feature comparisons with QB Enterprise and Katana's Cloud-based Inventory Solution. For people considering the switch to QB Online with an Inventory Management Add-on, this series will be helpful to determine what features and workflows will work in a cloud based solution, and which workflows might be better suited for a could based solution.

Learn More About Katana Here - https://psref.katanamrp.com/SOBWorkshop 

Workshop Wednesdays are a free live discussion about topics affecting Accountants, Bookkeepers, and Business Owners. Register for the Live sessions at: https://www.schoolofbookkeeping.com/workshop-wednesday 

Brought to you by http://www.schoolofbookkeeping.com  - Keep Learning

00:00 Introduction and Guest Introduction

00:55 Overview of Inventory Management Solutions

02:07 Challenges in Cost Calculation

06:42 Methods of Cost Calculation

11:00 Katana's Approach to Cost Calculation

17:20 QuickBooks Cost Calculation Options

21:28 FIFO and Inventory Aging Reports in QuickBooks

24:08 Batch Tracking and Costing Methodology

24:47 Managing Expiration Dates and Inventory Decisions

27:09 Introduction to Landed Costs

29:24 Applying Landed Costs in Katana

32:06 Comparing Katana and QuickBooks

38:02 Advanced Landed Cost Scenarios

41:16 Conclusion and Upcoming Topics