Adding first inventory items for new company

I am a newbie at accounting and SAGE and am looking to get off on the right foot with regards to entering my newly purchased inventory into my system. With that said, I recall my accountant mentioning in our last meeting that he recommends managing inventory outside of SAGE using an Excel spreadsheet. So, should I be managing inventory outside of SAGE? Or should I at least try to get started using SAGE until I outgrow it? I do see that there are some seemingly good inventory tools inside SAGE so I am a little confused at this point.

At this stage, I am holding minimal inventory: 25 of one product plus about 1-5 of about six other products. Should I enter all this into SAGE or manage this outside? If anybody can provide me tips that would be appreciated. Thanks

  • 0

    Hi:

    I would definitely use the inventory module to get your feet wet. Keeping  inventory outside of Sage 50 would be duplicate work. You are only inventorying several items to begin with so it shouldn't be a problem. Just remember to add quantities and values to your inventory before selling any of your products.

    If you have any other questions please do not hesitate to reach out to me offline. Good luck!

  • 0 in reply to Agate

    Great, thanks so much for your quick reply. I will dive into the inventory module and see what kind of damage I can do! :)