We are a small company that will be utilizing our parent company to manufacture goods to ship to our customers. How can I set up 1 item for both a vendor (parent company that we will issue a PO to) and customer? Clearly the customer part number needs to be charged to revenue but we wouldn't charge the cost of having parent company make the product to the same G/L account.
Each service item can have a separate purchase account and sales account settings.
If you only see one account field in item settings - check the box for " This item is used in assemblies or is performed ..." that will open the purchase fields