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MaddMiles LLC
Level 1

How do I track inventory of materials that I use to build the product I sell?

I purchase multiple supplies to build the items I sell. Can I track those supplies as inventory even though by themselves they are not a product.

2 Comments 2
ChristineJoieR
QuickBooks Team

How do I track inventory of materials that I use to build the product I sell?

Yes, Madd. You can track those materials as inventory even they're not a product in QuickBooks Online.

 

We can set up inventory items in QuickBooks for each material you purchase to build the products you sell, allowing you to effectively track the quantity on hand for each item. You can then combine these materials into a bundle for sales to your customers. Please note that while the individual inventory items will track their quantities, the bundle itself will not track the quantity on hand.

 

To begin, let's set up individual items for each material:

 

1. Click the Product and Services under the Sales tab.

2. Tap the New button, then choose the Inventory Item.

3. Enter the Item Name and SKU, and Category 

4. Tick the Purchasing tick box to input vendor information.

 

 

5. Lastly, press Save and New or Save and Close.

 

Next, you'll need to combine those individual inventory items by creating a bundle, here's how:

 

1. Press the New button from the Products and Services.

2. Enter Bundle Items information.

3. Input the inventory items you've set up earlier under the Items Included in the Bundle section.

4. Lastly, Save and Close.

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I'm adding this page for more information about managing items: Set up and track your inventory in QuickBooks Online.

 

After setting up all your inventory products, you can start tracking them as they are sold. Here's how to monitor your sales:

 

 

Furthermore, I suggest considering our QuickBooks Live Expert Assisted service to enhance your QBO experience. Our knowledgeable team of experts stands ready to provide immediate support tailored to your business's unique needs, like managing products and adding them to your sales transactions.

 

Assistance is still available regarding setting up items in QBO. If additional help is required, further support can be provided. Stay safe and have a good day...

Chrea
Level 8

How do I track inventory of materials that I use to build the product I sell?

@MaddMiles LLC 

QBO doesn't offer the assembly feature. You should have a manufacturing app or an inventory management app with the assembly feature to integrate with QBO.

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