It’s never a good idea to run out of important inventory items that you resell or use in manufacturing. In simple inventory control systems we often set a minimum stocking level that is used to generate a warning when an item falls below a particular on-hand balance, so that you can order (or build) more […]
Many manufacturing (and other) businesses send materials out to another firm to perform some intermediary processing of the item. This can be plating of a component part, populating a PC board with circuit components, and many other tasks. I’ll give you some ideas of how you might handle this in QuickBooks.
Computer programs can be frustrating when they don’t let you do what you want. They are supposed to be a tool that helps you run your business! One complaint that I hear often from QuickBooks manufacturing users is that the program won’t let them build an assembly when they can see that they have the […]
Tracking Work in Progress (WIP) in a manufacturing business can be complicated, depending on the characteristics of your manufacturing process. For an extremely oversimplified definition we can say that WIP is where you are taking items out of your raw material (component) inventory, but haven’t yet put it back into your finished goods inventory. I’m […]
Most QuickBooks users think of Group and Inventory Assembly items as an “either-or” decision – use one or the other. There are times, however, when we can mix the two items to solve problems in QuickBooks. This is particularly useful for custom manufacturers – businesses that produce custom variations of their finished product for each […]
QuickBooks provides two item “types” that can have a list of component items – an Inventory Assembly and a Group. How do they differ, and when is it best to use one instead of the other? Today I’ll list the features of each and how you can use them.
In my post on QuickBooks manufacturing basics I discussed the essential nuts and bolts (sorry for the pun) of building assemblies in QuickBooks. Today I’ll talk about structuring your bills of material (BOM’s). A BOM is a simple thing, right? You want to build something, you just enter in the list of all the parts […]
There are a number of reasons why you may want to use Excel to import items to your item list in QuickBooks: Converting a list from another program, making copies of existing items, bulk addition of a new product line, and more. Today I’m going to give you an overview of how to use Excel […]
QuickBooks has a “Manufacturing & Wholesale” edition, but there is a definite lack of documentation on how to actually use QuickBooks in a manufacturing business. This posting is the first in a series that will give you some guidelines on how to best use QuickBooks in a manufacturing environment. I’ll start off with some basics, […]