Yes. Many cloud bookkeeping systems support inventory tracking, cost of goods sold (COGS), and sales tax reporting—features critical for product-based businesses. Platforms like QuickBooks Online and Xero integrate with inventory apps to help you manage stock levels and restocking alerts.
These tools allow for better forecasting, pricing strategies, and profitability tracking. Some solutions even integrate with e-commerce platforms like Shopify or Amazon, making bookkeeping seamless for online retailers.
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