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wegimp
Level 1

How to remove parts from a whole goods inventory item months after purchase?

We purchase a whole goods corn head.  Then sell to a customer with specific specs.  Have to remove some parts to put back into inventory and sell to accommodate the whole goods item for customer.  How to do this WITHOUT going back to original purchase transaction and delete.  Then re-enter whole goods along with all the parts that where removed.  Then sell only the whole goods item and all my parts will be into my inventory to sell.  Anyway to do this differently?  

Any guidance on this would be helpful.

Thank you.

4 Comments 4
LieraMarie_A
QuickBooks Team

How to remove parts from a whole goods inventory item months after purchase?

Hi there, @wegimp. Allow me to provide a different approach on how to handle your inventory parts.

 

You'll want to enter all your parts into your inventory without deleting the whole goods entered initially. 

 

Here how:

  1. Go to Lists,  then select Item List.
  2. On the Item List window, select Item and choose New.
  3. Select the Inventory Part item type.
  4. Fill out the item fields.
  5. Use Custom Fields to add your own customized fields.
  6. Select Save.

 

You can also combine your inventory parts to build your finished goods. Once you set up your product’s bill of materials, you can start building using Inventory Assembly.

 

Here are some articles that may come in handy:

 

The Community is always here to assist if

you need more help with managing your inventories. Have a lovely day.

wegimp
Level 1

How to remove parts from a whole goods inventory item months after purchase?

Thank you for the input.  But, I need the cost of the whole goods item changed as well to reflect the parts that are removed.  So, when I do an assembly the COG is correct in P/L statement.  

 

 

AbegailS_
QuickBooks Team

How to remove parts from a whole goods inventory item months after purchase?

Greetings, @wegimp.

 

Allow me to step in and provide some information that can help you with your inventory.

 

At this time, you need to create an inventory adjustment to modify your inventory quantity or value. I can guide you on how.

 

  1. Open your QuickBooks Desktop account, then go to the Inventory menu.
  2. Select Adjust Quantity/Value on Hand.
  3. Fill in the necessary details, then save the adjustment.

 

For additional guides, I recommend checking out the instructions from this link: Adjust your inventory quantity or value in QuickBooks Desktop.

 

I also suggest  reaching out to your accountant for advice before you adjust inventory value.

 

For additional tips when working with QuickBooks and inventory items, I also recommend checking out the topics from our help articles.

 

If you have other concerns about inventory quantity adjustments, please let me know by adding a comment below. I'm always here to help. Have a great day ahead!

Fiat Lux - ASIA
Level 15

How to remove parts from a whole goods inventory item months after purchase?

@wegimp 

You need an additional app with the disassembly feature.

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