Let me add some information about inventory and build assemblies when using QuickBooks, Anagene.
Currently, building assemblies in QuickBooks Online (QBO) isn't possible. However, QBO provides a feature called bundles that allows you to group each item or product into packages and sell them at a discounted amount. You'll also want to use a third-party application to integrate with QuickBooks so you can manage your company and build assemblies. Here's how:
- From the left menu, select Apps.
- Go to the Find apps tab.
- Enter the app name in the search bar or select the Browse category dropdown menu to check out different apps.
In addition, you can manage your Manufacturing Company inventory in QBO by tracking what's on hand, getting alerts when it's time to restock, and seeing insights once you buy and sell.
To turn on the inventory tracking feature, you can follow the steps below:
- Go to the Gear icon and select Account and settings.
- Select the Sales tab.
- Click Edit in the Products and services section.
- Turn on the Show Product/Service column on sales forms. You can also turn on price rules if you want to set up flexible pricing for the things you sell.
- Turn on both Track quantity and price/rate and Track inventory quantity on hand.
- Select Save and then Done.
To illustrate how you can add inventory products, keep track of what you sell, restock your inventory, and use reports to check the status, I've added this handy article for reference: Set Up and Track Your Inventory in QuickBooks Online.
Furthermore, QuickBooks lets you track your data using dozens of reports that you can use. You'll only have to customise them get the right information for your business. Read this article for more details: Customise Reports in QuickBooks Online.
You can always get back to us if you have any other questions about managing inventory or assemblies. We're always right here to help you anytime.
