The accounting software package QuickBooks from Intuit (NASDAQ:INTU) recently released “Bundle,” a feature that lets you track a group of items you are selling on the software. The new bundle feature is one of a number of recent improvements to the QuickBoks platform.
According to a post by QuickBooks’ products manager Richard McCann, the new “Bundle” feature will help you to “group items you often sell together into bundles so you can easily add multiple items to transactions. For example, you can create a bundle called Garden Fountain bundle, which consists of items Concrete, Rock Fountain, and Fountain Pump.”
Richard further added that bundles can have up to 50 items and that there is no additional change in price or markup for bundles, which in essence basically means that the price of a bundle equals the total price of all its items.
Using the Product Bundle Accounting Feature
How to Create Bundles
To create a bundle, go to QuickBooks and click “gear,” then “list,” then “products and services” and then click “new bundle.” Enter your bundle name, SKU, your products and description. You can also choose whether you want to display bundle items when sending or printing transactions.
Adding a bundle to a form is pretty easy. Simply add it as you would any other item. You can for instance click “Create (+) > invoice” to add the bundle to an invoice. You can also decide whether you want to hide or show the bundle items to your customers.
Invoice Email Cc/Bcc
McCann also says that you can now include a blind carbon copy (bcc) or carbon copy (cc) whenever you send an invoice email using the platform. This comes in really handy when you want to send copies of the invoice to other people other than your customer.
Better Control Over Recurring Transactions
Another recent improvement to the QuickBooks platform is the ability to duplicate, skip and pause next date for recurring transactions.
In addition to having better control, you can also now customize the default purchase order email message.
The new bundle feature is available in QuickBooks Online Plus and QuickBooks Online Essentials only.
Any eCommerce or retail business that’s looking to enhance their effectiveness may want to try out this new feature. To try updates using sample data, check out the QuickBooks Online test drive.