Hello Shannon, There are a few thing we want to create before we can set up Bill of Materials (BOM). We'll create inventory, non-inventory, or service items. Click the Gear icon in the upper-right corner and select Products and Services. Click the New button and select Inventory, Non-inventory, or Service. Enter the item details. You can reach out to your accountant if you're unsure of what Income and Expense accounts to use. Click Save and close.You can also use these articles for reference: How to Create and Use a Products and Services List Adding Products and Services to QuickBooksThen, we can use them to create a bundle item and bills. It's also best to reach out to your accountant to see if they have a different way of setting up BOM. Let me know if you have other concerns.

Level 7

Question

How do you set up a BOM?

Forum|Forum|7 years ago
January 8, 2019
4 replies
25 views

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QuickBooks Online

J

JamesDuanT

QuickBooks Team

Hello Shannon,

There are a few thing we want to create before we can set up Bill of Materials (BOM). We'll create inventory, non-inventory, or service items.

Click the Gear icon in the upper-right corner and select Products and Services.
Click the New button and select Inventory, Non-inventory, or Service.
Enter the item details. You can reach out to your accountant if you're unsure of what Income and Expense accounts to use.
Click Save and close.

You can also use these articles for reference:

Then, we can use them to create a bundle item and bills.

It's also best to reach out to your accountant to see if they have a different way of setting up BOM.

Let me know if you have other concerns.

W

WizardCooling

This answer is incorrect. The answer tells you how to set up a new item....NOT A BOM

Angelyn_T

Moderator

Hi there, @WizardCooling.

I'm here to help share additional information about setting up BOM in QuickBooks Online (QBO).

Bill of Materials (BOM) is a list of raw materials, sub-assemblies, sub-components, parts, and quantities of each needed to manufacture an end product. In QBO, there isn't a direct way of setting up BOM. As a workaround, you can set this up by creating items under the Products and Services and create a bundle item and bills from those items as mentioned by my colleague JamesDuanT.

For further details, you may check this article: Bundles and Reorder Points.

Stay in touch if you have any other questions about bills of materials, I'm just a post away to help you. Have a great day ahead!

S

ScriptDawg

Unfortunately, there isn’t a way of saving a QuickBooks bill of materials with the online version. However, this feature can be found on some of the desktop packages.

But it’s not the end of the world, and you don’t need to invest in the desktop versions! You can simply check out the QuickBooks App Store since there are 3rd party tools available which can synch with your QuickBooks and provide you with the ability to save your BOMs.

Katana is one of these tools which can give you a place to save your bill of materials, manage your finished goods and raw material inventory, schedule production, and help you with filling your SOs and POs.

K

KevinFoti

Is Quick Books Online ever going to add this functionality? It is on the desktop version?

How hard is this?

Also another little treat to your consolidated community board, how do locate topics just for QB Online and not the whole Intuit world???? Help with both would be greatly appreciated.

DR34MC4TCH3R

I'm hoping someone in this thread may have some info to guide me - for a manufacturing company with multiple locations, how QBO Advanced + Katana vs. QB Enterprise would compare, and what other pieces of information would be critical to know about the company to be able to decide which plan to go with? What are the pros and cons?

G

Giovann_G

Moderator

I'll share some information about our QuickBooks product, Atijak.

All of the basic accounting functions of QuickBooks are there in QuickBooks Online Advanced, but it also comes with a variety of useful features including customizable business analytics, revenue, and cash flow dashboards, custom user roles for up to 25 users, and online backup and restoration.

You can enable the QuickBooks Locations feature in the Company Settings of your QuickBooks account if you combine the accounting for all of your branches into a single account. This enables you to allocate Invoices and Expenses to particular locations and to build connections to vary for each of your branches. For more details, please read this link: Set up and use location tracking.

QBO Advanced has limited options for manufacturing functionality. You'll want to integrate it into any 3rd party application such as Katana to bring your manufacturing operations into a single platform. More apps that suit your needs can also be found by going to the Apps menu.

Here are the Pros and Cons of QuickBooks Online Advanced:

Includes the popular ability to track by classes in addition to everything that is currently in Plus.
Easy access to reports and customization.
Allows custom permissions for individuals.
Broader customization options for invoice and estimate templates
There are still file-size issues and limitations on transactions and attributes of transactions.

On the other hand, The QuickBooks Enterprise product includes optional third-party EDI, bills of material, assembly management, and bar code scanning. This version of QuickBooks also allows you to set up multiple locations for tracking inventory. Some advantages of this are:

Keep track of how much inventory (number of units and dollar value) you store at each site (warehouse)
Assign items you purchase to a specific location
Sell items from a specific location
Move your inventory to other locations, bins, etc.
Build assemblies with parts from different locations
Run site-specific reports

I've added this resource for more insights: Multiple Inventory Sites.

Despite the advanced capabilities, QuickBooks Enterprise still has a lot of restrictions when used in a manufacturing setting. A few of these are:

Limited choice in manufacturing costing methods to average or FIFO (does not support standard, actual, or LIFO).
Engineering Change Orders and limited manufacturing bill of material management.
Virtually zero quality control functionality for inventory or manufacturing transactions.
Minimal forecasting or material requirements planning (MRP) capabilities.

I hope the information provided help you decide on which platforms and plans you can have for your manufacturing company. If you have further questions, please let us know. We're always available to help you.

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