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GLovett1
Level 1

Moving purchased inventory to give to supplier to finish an assembly

How do I account for several inventory items that we have purchased and entered into QB, but are now giving to a supplier to build a finished assembly item?  We were doing the builds inhouse so I have an assembly item that pulls each of the inventory items out to create the build. Now we are having the assemblies built by a supplier and have some left over quantity of a few items that we will give to them. They will then credit us per piece for the inventory items we supplied. I need to move the quantity of items out of my inventory and account for their value when we receive the finished product back.

1 Comment 1
Rainflurry
Level 15

Moving purchased inventory to give to supplier to finish an assembly

@GLovett1 

 

How about creating a vendor credit and listing the products removed from inventory and given to the vendor on the Items tab?  That will remove the items from inventory and create a vendor credit that can be used/matched to the credits applied by the vendor on the future bill.  

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