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Level 1

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

We make drinks using syrup. We buy the syrup in bulk and each bottle can make 30 drinks for sale. Whats the best way to account for this in QB? 

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Best answer 08-24-2017

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Level 8

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

Hi Kawaiwai, 

 

I'd be happy to help you record these inventory assemblies. 

 

How they're recorded is dependent upon the version of QuickBooks that you're using. 

 

Please feel free to reach back out if you have any further questions. 

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Highlighted
Level 8

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

Hi Kawaiwai, 

 

I'd be happy to help you record these inventory assemblies. 

 

How they're recorded is dependent upon the version of QuickBooks that you're using. 

 

Please feel free to reach back out if you have any further questions. 

View solution in original post

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Level 1

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

I see this response is from 2017 - is this still the case?

 

I also have a client who assembles their product to create a final product, which they consider their inventory and which they sell.  

 

We are using quickbooks online plus.

 

Please let me know 

 

[email address removed]

 

Thanks 

 

Paula 

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Level 1

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

Hello Paula,

 

I was wondering the same thing.  If it is available now?

 

Thanks,

 

Candy

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Level 3

Inventory Tracking and Cost Allocation for Raw Materials Used to Make a Final Product.

So, QBO Plus version now does have an inventory module, where you can use bundles to track your assemblies.

 

However, there is still no dedicated manufacturing module, in which case you should probably use an app like Katana. It will manage your material and finished goods inventory, manufacturing costs and order fulfillment process. Invoices/bills get pushed to your QBO account.

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