Tracking inventory across Shopify and QuickBooks creates constant headaches for businesses. This free template combines live data from both systems to give you accurate, real-time inventory tracking in a single spreadsheet.
What is a Shopify & QuickBooks Inventory Report?
A Shopify & QuickBooks inventory report combines sales and financial data from both platforms to provide a complete view of your inventory status. This report tracks stock levels, asset values, and sales patterns while connecting your e-commerce operations with your accounting system. Most businesses struggle to maintain accurate inventory counts because QuickBooks Online doesn’t directly sync with Shopify’s inventory management.
Who is this Shopify & QuickBooks Inventory Template Built For?
This template serves:
- E-commerce business owners using both Shopify and QuickBooks
- Inventory managers handling multi-channel sales
- Finance teams responsible for inventory valuation
- Operations managers tracking stock levels across platforms
What is the Primary Use Case for this Template?
This template solves the critical challenge of maintaining accurate inventory counts between your Shopify store and QuickBooks accounting. It automatically updates stock levels, tracks inventory values, and alerts you before products run out – all without manual data entry or reconciliation.
Benefits of Using this Template
- Real-Time Accuracy: Get live inventory updates from both Shopify and QuickBooks in one view
- Automated Alerts: Receive Slack or email notifications when products reach low stock levels
- Financial Clarity: Track current inventory asset value by product line
- Stock Management: Monitor inventory status and levels across all products
- Sales Analysis: View recent sales trends by product and SKU
Metrics Tracked in the Report
- Current inventory asset value by product line
- Recent sales trends by product/SKU
- Product inventory levels
- Product inventory status
- Low stock alerts and notifications
Additional Metrics Available Through Coefficient
QuickBooks Integration Capabilities:
- Multiple company connections
- Department and location sorting
- Consolidated report creation
- Financial statement analysis
Shopify Data Access:
- Order details and history
- Customer purchase patterns
- Product performance metrics
- Sales channel analytics
