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Level 1

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

 
4 Comments
Level 15

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

Consider using a 3rd party manufactruing app and integrate it with your QBO.

https://katanamrp.grsm.io/katana

 

Level 1

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

I appreciate the suggestion, but I am really hoping that QB can accomplish this without me needing to spend more money and start integrating other software. 

QuickBooks Team

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

Thanks for getting back to us, dcaroli.

 

Converting your raw materials inventory into finished goods is only available in QuickBooks Desktop (QBDT). Feel free to read through this article for more details: Combine your inventory items to build finished goods.

 

Since you're using the online version of QuickBooks, below are the four types of products/services you can setup:

  • Inventory: Products you sell and track quantities for. Inventory features are available for QuickBooks Online Plus and Advanced. Here's how to turn on and use inventory features.
  • Non-inventory: Products or items you buy or sell, but don't need to track quantities. For example, nuts and bolts you use for installation jobs but don't sell directly.
  • Services: Services you provide to customers.
  • Bundle: Several products or services you sell together as a single item. For example, a gift basket.

The Add product and service items link will tell you more about setting up what you buy and sell in QuickBooks Online.

 

You can look for a manufacturing app as mentioned by @Fiat Lux - ASIA in this thread. Otherwise, you may switch over to QBDT so you can use the assembly feature without speeding more money. Please refer to the Export and convert your QuickBooks Online data to QuickBooks Desktop page for instructions and detailed steps on how to migrate your information.

 

Should you need additional information, don't hesitate to leave a comment below. I always have your back.

 

Thank you and keep safe!

Level 11

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

@dcaroli 

 

I use QBO and need to convert my raw materials inventory into finished goods inventory as I manufacture them. Each metal bar is purchased and then converted into 50 parts

 

You need QuickBooks Desktop Premier version (or Enterprise version) to convert raw materials into finished good inventory as you want. QBO is not designed for such a WIP process. So, I would waste my money paying for the 3rd-party app. It's expensive and will not work efficiently in most cases.

 

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