Items Review

Question 1

What is an inventory item?

Answer 1

Physical items that you carry in stock

Question 2

What is an non-inventory item?

Answer 2

physical item that you dont typical carry on hand. For example, parts you order directly OR labor fees.

Question 3

Why is it beneficial to track non-inventory items?

Answer 3

Allows you to see more detailed cost breakdown when you view WO profitability in FE.

Question 4

Can the customer see the item description text

Answer 4

YES

Question 5

What is an income account when assigned to an item?

Answer 5

The revenue account the revenue will transfer to when you finalize to QB

Question 6

What is an inventory asset account?

Answer 6

Account that will be credited when purchasing from a vendor

Question 7

What is the cost of goods account?

Answer 7

An account that is debited when you use an item

Question 8

Can you add upgrade items to recommended items to FE when you add a certain item?

Answer 8

Yes

Question 9

Does FieldEdge have purchasing reorder notifications?

Answer 9

No, but QB does and you can set it in FE to notify on a certain quantity level

Question 10

When should you post a parts request to QB as a bill vs a PO

Answer 10

Post to QB as a PO if you are tracking and receiving inventory
If you just want to track what vendor to pay, post as a bill

Question 11

Can FieldEdge create POs? What are the limitations

Answer 11

POs can only be attached to a work order

Question 12

What is a purchase order?

Answer 12

a non-posting document that merely serves as a memo in which you tell the supplier what it is that you wish to purchase

Question 13

What is a bill (in QB)?

Answer 13

Record items received from vendor and show you are obligated to pay

Question 14

Does FE deduct inventory quantities from the invoice? When does this happen

Answer 14

Yes, but not until the invoice is finalized

Question 15

Can techs see quantity of items on hand in the mobile app? What limitations are there?

Answer 15

yes, but only if they are tracking in 1 warehouse

Question 16

Do assembly’s post to QB?

Answer 16

No. The individual items post over.

Question 17

What do ST and SF not tell you abut their “built in inventory”?

Answer 17

You still have to receive parts in QB

Question 18

Can you filter the restocking report for inventory items>?

Answer 18

Yes

Question 19

What are the reasons companies want multi warehouse inventory?

Answer 19

Are they wanting to dedicate a parts manager, do daily counts, and be real serious do it.

Do they want to know if their guys are stealing parts? Buy a security camera

Do they just want to have a good quantity on hand? Do quarterly checks on QB and restock trucks using our restocking reports.

Question 20

What is the inventory part of QB called? Can you do permission settings?

Answer 20

“Inventory Center” Yes, you can do permission settings.

Question 21

If you create a parts request in FE and you have multi warehouse, how does that go over to QB? Can you edit it?

Answer 21

As a PO, you cannot edit it.

Question 22

Does FE have barcode scanning? Does QB?

Answer 22

No/Yes

Question 23

Can you use coolfront and inventory?

Answer 23

NO.

Question 24

How do non-billable items show up back in the office?

Answer 24

On the invoice as uncheck items (not shown to customer)

Question 25

Where do you find equipment settings? Can you make model number or type of equipment reports?

Answer 25

Under settings, equipment, YES

Question 26

When a company says they want to track inventory, what are the main 3 reasons why?

Answer 26

1. want to be able to restock the trucks (restocking)
2. Shrinkage, scared of theft or side jobs (security system and GPS tracking).
3. Tax purposes. Do you have 250k plus in inventory? go for it.

Question 27

If a company is tracking inventory, what do you ask them?

Answer 27

How are you managing it? Are your numbers accurate? Who does it? Why?