How many item types can you choose from in QuickBooks Online?

In QuickBooks Online, users have the flexibility to select from four distinct item types when setting up their products and services. These item types enable users to categorize their offerings effectively, allowing for streamlined tracking and reporting.

The four item types in QuickBooks Online are:

1. Inventory Items: These are products that you purchase, store, and sell. Inventory tracking is crucial for businesses that have physical products, ensuring accurate stock levels and cost of goods sold calculations.

2. Non-Inventory Items: These refer to items you buy or sell but do not track in stock. They might include items like services or materials that you use sporadically without keeping a physical inventory.

3. Services: This type is designated for services you provide to your customers, such as consulting, maintenance, or any professional services that do not involve a physical product.

4. Bundle Items: These are combinations of other items (either inventory or non-inventory) bundled together for sale as one item. This type allows businesses to offer packages or kits to customers, enhancing the buying experience and simplifying the sales process.

Understanding these item types is crucial for effective inventory management, sales reporting, and overall financial tracking within QuickBooks Online, which helps