What is quantity on hand?
Quantity on hand (QOH) is the number of a particular stock item that you currently have in stock.
How does QOH work?
- QuickBooks automatically increases QOH when you purchase new stock or receive items you ordered through a purchase order. For example, you currently have 30 faucets on hand. You want to order more, so you create a purchase order for 20 faucets. A few days later, the faucets arrive along with a bill. When you enter the bill for the faucets, QuickBooks automatically increases QOH for the faucets to 50.
- QuickBooks automatically decreases QOH when you sell items on an invoice or sales receipt. For example, you currently have 50 faucets on hand. When you create an invoice for 10 faucets, QuickBooks automatically decreases QOH to 40.
Once you start tracking quantity on hand for an stock item, you can't turn it off. However, you can make the item inactive and create a new one that doesn't track quantity on hand. Making an item inactive doesn't affect the transactions that used it.
See also
Get started tracking stock
What’s the stock as of date?
About products and services