Xero Tip Of The Month May 2017 - Inventory Items In Xero

Are you always striving to find new ideas on how to save time and improve our efficiencies when it comes to running your business? With Xero’s inventory feature you can do exactly that. As well as speeding up data entry processes, Xero also allows you to monitor your most profitable and best selling lines for unprecedented control.

If you have products and services you buy and sell regularly, you can make data entry easier and faster using Inventory Items in Xero accounting software. This is a great way to track how many items you’ve bought and sold over time.

Simplify invoicing and ordering


Set up tracked inventory items to significantly speed up data entry and reduce typos – and see how much stock is on hand when you’re quoting and invoicing.

Save time with bulk importing


Quickly import large numbers of inventory items from a spreadsheet and get inventory up and running quickly.

Keep tabs on stock quantity and value


Xero provides simple inventory tracking that’s great for single-location retailers and wholesalers, and even service providers who also sell some retail items.

Know your best-selling and most profitable product lines


Report on the performance of your products and services, see your profit margins by item, and use the information to make the right decisions on ordering and pricing.

Get real-time stock valuations


See up-to-date stock levels and values, average purchase cost, and the quantity of stock committed to quotes when tracking inventory.

Get the most from Inventory Items. Speed up creating sales invoices and entering purchase invoices. Run a report and check your prices, margins and stock levels.

See all the Xero features that can help you run your business beautifully at

Previous Tips

April 2017 – Xero’s Inbuilt Calculator

March 2017 – Expense Claims In Xero

February 2017 – Customise The Dashboard In Xero

January 2017 – Customisable New Reports In Xero

December 2016 – Email Templates In Xero

November 2016 – Bank Rules In Xero

October 2016 – Smart Lists In Xero

September 2016 – Files in Xero

August 2016 – Direct Bank Feeds In Xero

July 2016 – Managing Bills and Purchases in Xero

June 2016 – Shortcuts In Xero

May 2016 – Email Integration

April 2016 – Recurring Sales Invoices

March 2016 – Two Step Authentication

February 2016 – Xero Search

January 2016 – File Storage in Xero

December 2015 – Invoice Reminders

November 2015 – Xero on the go, with Xero Touch

October 2015 – Invoice Payment Terms

September 2015 – Sales Invoice Customisation

August 2015 – Business Performance Review

July 2015 – Cash Coding In Xero

June 2015 – Xero to Xero Billing

May 2015 – Find and Recode

April 2015 – Online Invoicing