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QuickBooks 2013 For Dummies by Stephen L. Nelson, MBA, CPA

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Assembling a Product

QuickBooks Premier and Enterprise include a cool tool for accounting for the manufacture of items. Suppose that Pine Lake Porcelain, the example business I use in this book, mostly just buys and resells coffee mugs and other porcelain doodads. But also suppose that once a year, Pine Lake Porcelain assembles a romantic collection of red coffee mugs into a boxed St. Valentine’s Day gift set. In this case, QuickBooks can record the assembly of a boxed gift set that combines, for example, six red coffee mugs, a cardboard box clad in shiny red foil, and some red tissue paper.

Identifying the components

casestudy.eps Each component that makes up the assembly — in this example, the St. Valentine’s Day boxed gift set — needs to be an item on your Item list. Chapter 3 describes how to add items to the Item list, so I don’t repeat that information here. The weird thing about assembly items, however, is that the New Item window identifies the parts that make up the assembly. For example, the St. Valentine’s Day boxed gift set assembly includes these items: six red coffee mugs, a cardboard gift box, and some tissue paper that loved ones can use when they become emotionally overwhelmed by the generosity of this thoughtful gift. These items get listed as the pieces that make up the boxed gift set.

Building the assembly

To build an assembly, choose Vendors⇒Inventory Activities⇒Build Assemblies. ...

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