Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
posted
Best answer November 25, 2021
Solved
Best Answers
I'm here to guide you on the best way to record your inventories in QuickBooks Desktop (QBDT) Enterprise, @Rj2000.
Based on your scenario, you'll have to provide an invoice to your customer to bill them and show recorded income for services rendered in the assembly process. Since you need the inventory quantity not to be affected until you actually ship the product, you'll have to use a service item when invoicing/billing your customer.
To do this, here's how:
- Go to the Lists menu, then choose Item List.
- Select the Item drop-down and choose New.
- Input the Item Name and all other necessary info.
- Click OK.
Once you're done, go ahead and bill your customer. You can refer to this article for the detailed steps: Create an invoice in QuickBooks Desktop.
Then, pull up an inventory report (i.e., Inventory Valuation Detail) to effectively monitor the quantity of the items stored in your facility. To do this, go to the Reports menu, then select the Inventory option.
Also, you can combine inventory parts to build and track finished goods in QBDT. Then, the system automatically updates your stock of components using inventory parts. To learn more about this, I'd recommend checking out this article: Track the products you manufacture.
Please keep me posted on how it goes. Let me know in the comments if you have other concerns about managing inventories in QBDT. I'm always around to help. Take care, and I wish you continued success, @Rj2000.
I'm here to guide you on the best way to record your inventories in QuickBooks Desktop (QBDT) Enterprise, @Rj2000.
Based on your scenario, you'll have to provide an invoice to your customer to bill them and show recorded income for services rendered in the assembly process. Since you need the inventory quantity not to be affected until you actually ship the product, you'll have to use a service item when invoicing/billing your customer.
To do this, here's how:
- Go to the Lists menu, then choose Item List.
- Select the Item drop-down and choose New.
- Input the Item Name and all other necessary info.
- Click OK.
Once you're done, go ahead and bill your customer. You can refer to this article for the detailed steps: Create an invoice in QuickBooks Desktop.
Then, pull up an inventory report (i.e., Inventory Valuation Detail) to effectively monitor the quantity of the items stored in your facility. To do this, go to the Reports menu, then select the Inventory option.
Also, you can combine inventory parts to build and track finished goods in QBDT. Then, the system automatically updates your stock of components using inventory parts. To learn more about this, I'd recommend checking out this article: Track the products you manufacture.
Please keep me posted on how it goes. Let me know in the comments if you have other concerns about managing inventories in QBDT. I'm always around to help. Take care, and I wish you continued success, @Rj2000.
