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Chilla
Level 1

Inventory

Hi everyone:

 

I run into an issue with inventory. We receive inventory from a vendor but we do not pay them at that time. We take the product and start manufaturing. Once the product is manufactured and sold we give them a certain percentage and keep the rest.

How do you account for such an uncertanity?

 

Thank you!

 

 

 

3 Comments 3
Fiat Lux - ASIA
Level 15

Inventory

Firstly, QBO doesn't have any assembly feature. You will need an inventory management app with a simple assembly feature or a manufacturing app with the multiple BOM feature.

 

Secondly, what will you do to unsold stocks?

Chilla
Level 1

Inventory

Hi there, that is not what my question was. 

Fiat Lux - ASIA
Level 15

Inventory

If your company is manufacturing one, your inventory is the manufactured product. 

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