Quickbooks online doesnt provide a facility of Inventory Assembly.
You can use the quickbooks online to record the manufacturing or assembling process through the following steps:
1Once a finished good is ready for sale, go to plus sign and choose 'Inventorty qty adjustment' under 'Others'
2Select the raw material which has been used from the inventory list, update the new quantity. The change in raw material quantity will automaticaly be updated.
3Select 'change in inventory' account under inventory quantity adjustment
4Go to 'Plus' , click on bill
5Create vendor with name 'Zero bill'(Dummy vendor)
iUnder account details, select 'change in inventory' account with amount equivalent to the raw materials used for the finished goods.
iiUnder item details, select the finished goods equivalent to value of the raw material used.
In quickbooks desktop,
An Inventory Assembly item is one type of line items used when creating a sale or purchase form. Creating and adding assembly items to inventory is a two-step process:
First, define the Bill of Materials (BOM) to specify what components go into making the assembly item, then build a quantity of the assembly item so QuickBooks Desktop can deduct the component parts from the inventory and add new quantities of the assembled item.
Note: As soon as you build an assembly item, its component parts no longer exist as separate parts in inventory because they have become part of a new inventory item called an inventory assembly.
After assembly items are defined, they are added to inventory by "building" them. An assembly build is necessary to keep inventory quantities accurate.
Note: Each time an assembly item is built in QuickBooks Desktop, the inventory parts and other assembly items (sub-assemblies) in the BOM are deducted from inventory, and the quantity of the assembly item increases
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