Inventory is more than what’s on the shelf—it’s a key component of your business’s financial performance.
At Ledger Friend, we help you set up accurate inventory and cost tracking within your accounting system, so your profit margins, stock levels, and product costs are always clear.
What We Do ?
- Configure inventory modules in QuickBooks, Odoo, or other systems
- Set up product and service SKUs, pricing, and categories
- Track cost of goods sold (COGS) accurately
- Enable real-time stock quantity tracking
- Support inventory valuation methods (FIFO, weighted average)
- Connect inventory with invoicing and sales systems
Who Needs This?
- Product-based businesses with physical or digital inventory
- E-commerce sellers tracking stock across platforms
- Import/export businesses managing inventory in multiple locations
- Companies needing margin analysis and cost control
- Firms scaling from Excel to full accounting platforms
Why It Matters ?
- Ensures accurate financial statements
- Helps prevent stockouts or overstocking
- Supports profit margin analysis
- Reduces waste and inventory losses
- Increases visibility for smarter purchasing decisions
Add-On Services
- Barcode and SKU system setup
- Cost variance reporting
- Inventory audit preparation
- Integration with Shopify, Amazon, and other marketplaces