Returning Inventory Assembly components to Stock

Hello, @William Cummings.

You can create an inventory adjustment to return all the components to stock. This kind of adjustment won’t affect the quantities or value of your product's components.

Here's how:

1. Decide what kind of adjustment you need.
2. Set up your inventory adjustment account.
3.  Adjust your inventory.
4. Make sure your inventory status is now correct.

Just a heads-up, this may affect your previous month's reconciliation, especially for your inventory asset account. You can read through this article for more detailed steps: Adjust your inventory quantity or value in QuickBooks Desktop.

To learn more about managing your inventory in QuickBooks, you can check these articles:

• Track the products you manufacture
• Adjust your inventory of finished goods
• Combine your inventory items to build finished goods

Let me know if you have other questions. I'm always here to help.

No there is not

 the problem with this scenario is cost, specifically average cost for the assembly and each components average cost too.

one way to do it, return the assembly to stock when you get it back

then use inventory adjust, set the adjusting account to a clearing expense account,

lower the qty of the assembly item - that puts the assembly item average cost in the expense account, it is shown on the bottom right of the assembly screen too, write it down and save

use inventory adjust again, set the adjusting account to the same clearing expense account, set he adjustment type to qty

for each component item, increase the qty as appropriate

when finished, check the clearing expense account it should be zero, if not journal the pennies to COGS, debit COGS, credit the clearing account

Thank you both for your help. 

Currently the assembly goes back into stock via a credit memo for the customer that has returned the item. Sometimes we keep it in stock and sometimes we re-stock the components if the top level is a smaller volume sale. What we have been dong is adjusting the Assembly item out then all the components back in. As you can imagine this is tedious when you have 30 items in a BOM and you have multiple items to work on. 

Thank you both for the reply. When we receive an item back it gets placed back into our system via a credit memo. Once that process is complete if we determine its an item that needs to go back in stock as components we inventory adjust the Assembly item out then inventory adjust the components back in. . The tedious part of this is when you have items that have 30 components in the BOM with different quantities and multiple entries to make.