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What the QuickBooks Inventory Reports Are and How They Work

It is crucial to manage your inventory if you want to minimize or even avoid issues related to over- and understocking, which, in turn, can affect your business’s financial stability. QuickBooks follows this rule, and their products provide their customers with the required inventory reports. What they look like, how they work, how to customize them, and answers to other questions, are all found in our guide on QuickBooks inventory reports. 

What inventory reports in QuickBooks can you get?

QuickBooks offers multiple products that provide different types of inventory reports. 

QuickBooks productInventory reports
QuickBooks Online
  • Inventory Valuation Summary
  • Inventory Valuation Detail
  • Physical Inventory Worksheet
  • QuickBooks Desktop
  • Inventory Valuation Summary
  • Inventory Valuation Detail
  • Inventory Stock Status by Item
  • Inventory Stock Status by Vendor
  • Physical Inventory Worksheet
  • Pending Builds
  • QuickBooks Commerce
  • Inventory Detail
  • Inventory Stock on Hand
  • Stock Reorder
  • Incoming Stock
  • Historic Inventory
  • Inventory Location
  • Custom reports by dimension
  • In this article, we’ll focus on the QuickBooks Online inventory reports. However, you’ll find similar reports in other QuickBooks products. We’ll also answer some frequently asked questions and share insights related to the inventory reports across different QuickBooks products. 

    QuickBooks Online inventory valuation reports

    You can find inventory reports in QuickBooks Online in the Sales And Customers section. 

    1 quickbooks sales and customers reports

    Or you can simply find them by name using the search bar.

    2 quickbooks invetory reports search

    On our screenshot, you can only see two reports: Inventory Valuation Details and Summary. However, there is also another inventory report, Physical Inventory Worksheet, available for users on the Plus subscription plan. Let’s check them out in detail.

    QuickBooks Inventory Valuation Summary report

    An Inventory Valuation Summary report displays the summarized data of quantity on hand, monetary cost, and the average cost of your assets.

    3 QuickBooks Inventory Valuation Summary report

    You can use this report to get an overview of the value of your assets.

    QuickBooks Inventory Valuation Detail report

    An Inventory Valuation Detail report displays the data of transactions for each inventory asset and how they affect quantity, value, and cost. 

    4 QuickBooks Inventory Valuation Detail report

    You can use this report to troubleshoot costing problems with your assets.

    Physical Inventory Worksheet (only QuickBooks Online Plus)

    A Physical Inventory Worksheet report displays your inventory items with space to enter your physical count. So, you can physically count and compare the actual quantity of assents to the quantity on hand in QuickBooks.

    How to run inventory reports from QuickBooks Online

    It’s actually very simple. Choose the necessary report, let’s say the inventory valuation detail, specify or choose the report period, then click Run report.

    6 How to run inventory reports from QuickBooks Online

    You can also customize the view of the Quickbooks inventory reports.

    Customize your inventory report in QuickBooks Online

    Click the Customize button and fill out the desired customization parameters:

    • General: Report period, number format, and negative numbers
    • Rows/columns: Group by and selection of columns plus their ordering
    • Filter
    • Header/footer: Company name, report title, report period, date prepared, and alignment
    7 customize inventory report quickbooks

    Unfortunately, this is the only available customization of inventory reports in QuickBooks Online. However, every problem always has a solution. A very popular one is to build a custom inventory report using the data from QuickBooks. Let’s see how it’s done in the next chapter.

    How to make custom inventory reports in QuickBooks Online

    In QuickBooks Online, you can’t make a custom inventory report. However, you can do this if you export your reports or raw data outside of QuickBooks, for example to Excel or Google Sheets. Both spreadsheet apps allow you to tailor custom reports, build dashboards, add charts and graphs, and many other manipulations with data.

    Natively, you can download QuickBooks inventory reports as an Excel or PDF file. But this is not what we need to optimize our workflow. Instead, we’ll automate exports on a schedule using This will let you have fresh data in your reports without any manual routine – copy-pasting or downloading Excel files. is a data integration tool to link different apps with Google Sheets, Microsoft Excel, and Google BigQuery. data integration tool

    Automate exports of QuickBooks inventory reports

    Sign up to, click Add new importer, and select the source and destination apps for your data flow:

    • Source: QuickBooks Reports
    • Destination: Google Sheets
    4 quickbooks source and destination

    In this example, we connect QuickBooks to Google Sheets. However, you can also link QuickBooks to BigQuery or automate the QuickBooks export to Excel


    • Connect your QuickBooks account. You’ll need to log in to QuickBooks Online and select a company.
    • Select Inventory Valuation Summary. Optionally you can select a reporting period and a parameter to group data.
    8 qb inventory reports source

    Note: Check out the documentation to learn more about Advanced settings for QuickBooks Reports.

    If you want to fetch an Inventory Valuation Details report, you’ll need to select the Transaction List and filter out the inventory ones. We explain this below. 


    • Connect your Google account and select a spreadsheet on your Google Drive and a sheet where to load your QuickBooks inventory report. 
    9 qb inventory reports destination


    You can skip this step during the initial setup and click Save and Run to load the report to your spreadsheet right away. However, we want to have the report automatically updated in the spreadsheet, so we need to toggle on the Automatic data refresh and customize the schedule:

    • Interval
    • Days of week
    • Time preferences
    • Time zone
    12. schedule

    This is what the Inventory Valuation Summary report looks like in Google Sheets compared to its view in QuickBooks:

    10 Inventory Valuation Summary report QuickBooks vs Google Sheets

    The only difference between the layout is that your QuickBooks inventory reports in Google Sheets are much easier for further processing. This means that you can easily share it with stakeholders or even combine it with other reports to make custom dashboards or reports.

    Can I get an Inventory Valuation Details report with does not allow you to export the Inventory Valuation Details report as is. However, it allows you to fetch the information about all transactions, including those from the Inventory Valuation Details report.

    • Select QuickBooks Reports as a source and Google Sheets as a destination
    • Select a Transaction List report to export and specify a sheet where it will be loaded.
    11 quickbooks reports transaction list

    Here is what the result looks like in Google Sheets:

    12.1 quickbooks reports transaction list google sheets

    The only difference is that it does not show the quantity on hand compared to the Inventory Valuation Detail report.

    QuickBooks inventory reports FAQs

    We often get support requests asking slightly different questions about inventory reports in QuickBooks than what we’ve covered so far. So, we have accumulated them in this section for your convenience.

    How to produce inventory age reports in QuickBooks Online

    The Inventory Valuation Detail report actually contains the information about the dates when an inventory asset was added and sold. 

    inventory age report

    So you can use it as an inventory age report in QuickBooks Online. 

    What is a QuickBooks Online inventory report with cost?

    The Inventory Valuation Summary report provides you with information about the quantity and cost of your inventory assets.

    What is a QuickBooks Online report inventory by vendor?

    You can find information about vendors in the following reports:

    • Expenses by Supplier Summary 
    • Supplier Balance Detail
    • Supplier Balance Summary
    • Transaction List by Supplier

    What QuickBooks Online report displays inventory stock on hand?

    An Inventory Valuation Summary report displays the summarized data of inventory stock on hand.

    Which QuickBooks product is best suited for inventory management?

    From what you’ve read, it’s clear that QuickBooks Online does not give you many reporting options for the inventory. QuickBooks Desktop is slightly better, but it still loses to QuickBooks Commerce – this platform offers seven types of reports to track inventory and fulfillment across numerous sales channels and locations. 

    In spite of this, you can still level up your inventory tracking in QuickBooks Online with the help of and Google Sheets. All you need to do is export your data and format it in a custom report or dashboard to meet your needs. Good luck with your data!

    • Zakhar Yung

      A content manager at whose key responsibility is to ensure that the readers love our content on the blog. With 5 years of experience as a wordsmith in SaaS, I know how to make texts resonate with readers' queries✍🏼

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