Tracking Finished Goods made up of non-inventoried parts
I would like to know if there is a way to increase the inventory in Quickbooks for parts that are manufactured with non-inventoried raw materials.Thank you!
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4 Replies
GANDICONSULTING
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07/14/08 5:32pm PDT
Thank you! Is a journal entry the same as making an adjustment to inventory? Sorry but I am still new to Quickbooks.
GANDICONSULTING
Questions asked: 93
Questions answered: 430
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Questions answered: 430
Points earned: 851
Certified ProAdvisor
Certified ProAdvisors have successfully completed an extensive and rigorous QuickBooks certification program.
Allstar
Advisory council of community power users.
07/15/08 4:54am PDT
Good Morning:
No, a journal Entry, is under Company-Make Journal Entry. There you can increase an Inventory asset Finished Good entering the amount in the Debit Column and decrease the Non Inventory with a debit. (only the value of the inventory)
But if you want the number of item to be affected, you need to do and Inventory Adjustment. When you enter and Inventory Adjustment (is in the Home Page, next to the Items and Service List) the Inventory asset is affected.
Have a nice day
