thread Re: i am trying to figure out where to attach cost to my inventory items? in Archived Discussions (Read Only)

Is there a way to record my purchases that are made for the business?

lotustouchlashe — Thu, 27 Jul 2017 11:05:01 GMT

I am new to Square. I was wondering if there is a place to record the purchases I am making for the business and perform analytics quarterly measuring my profit after product?

Re: Is there a way to record my purchases that are made for the business?

Kelly1 — Mon, 02 May 2016 20:26:55 GMT

Welcome to Square! We are happy to have you 😀

While Square Inventory Management does not have a way to track inventory costs, we do have an integration with Stitch Labs that will allow you to track your inventory costs and much more!

Is there a way I can put a cost against the items I am selling?

ldufour — Wed, 04 May 2016 01:03:18 GMT

Re: Is there a way I can put a cost against the items I am selling?

Elleraeboutique — Wed, 04 May 2016 01:53:19 GMT

this would be great!

Re: Is there a way to record my purchases that are made for the business?

Enchanted — Wed, 04 May 2016 03:54:09 GMT

What about inventory costs when you are using quick books as your accounting software?

Re: Is there a way to record my purchases that are made for the business?

Kelly — Wed, 04 May 2016 15:22:49 GMT

@Enchanted The current version of our Quickbooks and Square integration does not sync Square's inventory management tools or items. While we do have a few inventory integration options for Square, Quickbooks may not be the best option at the moment. You can see a full list of our inventory apps in your Square Dashboard.

i am trying to figure out where to attach cost to my inventory items?

ballandshoe — Fri, 15 Jul 2016 03:14:41 GMT

how can i attach cost to my invenmtory

Re: i am trying to figure out where to attach cost to my inventory items?

Kelly — Sun, 17 Jul 2016 18:41:32 GMT

@ballandshoe Check out my answer above for more information!

Re: i am trying to figure out where to attach cost to my inventory items?

mking — Mon, 20 Mar 2017 06:14:11 GMT

Recommending a $500/month add on to be able to track your inventory costs, is embarrassing & shows that Square is more than a little out of touch with small business. It's almost to the point where the average person might even question the motives behind building such a dynamic system & then leaving out the integrity of basic features required by any small business from a point of sale device, such as a cost of goods field, when adding items. That is not a $500/month add on & to suggest that, is disheartening at best. I want to use my Square POS, but there are many other POS systems that have much easier to use & more helpful inventory tracking tools, which in the long run far outweigh the loss from the money I spent on a Square POS. Please get better. so I can use your equipment, pay you $60 month & let you process our endless CC transactions.

Re: i am trying to figure out where to attach cost to my inventory items?

VanKalkerFarms — Mon, 20 Mar 2017 16:13:56 GMT

This thread is almost a year old, so the information here is outdated.

Square has COG built into Square Retail which is a separate app. You can read more information here about it https://squareup.com/pos/retail