Hurdlr does not offer an inventory tracking feature.

Some users have worked around this by doing following one of the following approaches, which Hurdlr does not officially support:

Option A) You should value your inventory at the beginning and end of the year. Inventory accounting is a complex and expansive topic, but you can track the basics of your starting and ending yearly inventory in Hurdlr Pro. You can account for the starting value of your inventory for the year by adding a manual journal entry. From the web app, click Accounting > Select General Ledger > Click Add Entry. Please consult with your bookkeeper before making any manual journal entries.

Note: The manual journal entries that you enter to track your inventory would be for your own records and would not factor into your expenses or taxes.

Option B) Whenever inventory items have been sold, mark them as Cost of Goods Sold (COGS). Other inventory that has not been sold would be tracked outside of Hurdlr.

Disclaimer: The information contained here is provided for informational purposes only and should not be construed as financial or tax advice. It is not intended to be a substitute for obtaining accounting or other financial advice from an appropriate financial adviser or for the purpose of avoiding U.S. Federal, state or local tax payments and penalties.