Katana offers an easy way to send stock adjustments to QuickBooks Online, ensuring accurate financial records and inventory management. This includes mapping relevant accounts, automating data transfer, and updating inventory values in QuickBooks to reflect changes made in Katana.
Stock adjustments easily allow you to increase or decrease the quantity of items in stock (learn more about stock adjustments).
Since stock adjustments may create a difference between stock value in Katana and QuickBooks, you'll need to record a transaction in QuickBooks Online to adjust the Inventory account to match the stock adjustment value. This can be done by either Debiting Expense or Crediting Revenue, depending on the type of adjustment needed. Sending a stock adjustment from a completed adjustment allows you to do this.
To enable this feature, head to the Settings screen > Integrations section, find QuickBooks Online and click Open configuration to access configuration options for the integration. From this area, select Send Stock adjustment value to QuickBooks (requires purchase orders sent as bills/inventory asset).
Once you've finished the configuration (and pressed Activate), the Stock screen > Stock adjustments tab will include the option to Send adjustments to QuickBooks if one or more Stock adjustments are selected.
Once the values of a stock adjustment have been sent to QuickBooks Online, they will be marked as Sent on the Stock adjustments tab:
If a change is later made to the stock adjustment value in Katana, the Sent status will change from green to yellow:
The color change reminds you to compare values in Katana and QuickBooks Online and make adjustments if needed.
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