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Item Assembly is a type of item in QuickBooks®
Premier and Enterprise. The Item Assembly represents finished goods items.
So if you already have your items set up as inventory
parts, you will have to re-enter them. Within
the Item Assembly you specify the components (which
are inventory items only, service items, other
charges and non-inventory are not allowed) and
their quantities. To create an Item Assembly,
you go to an entry screen that looks like an 'Inventory
Adjustment' and you specify how many you want
to make. QuickBooks® will tell
you how much components you need and how many
finished goods you can make based on components
'On Hand'. You cannot change the
components on each build, in order to do
that you need to change the original assembly
item. QuickBooks® Assemblies
do not have routing.
By contrast, All Orders™ uses a Bill of Materials
(BoM) instead of Item Assembly. It allows you to specify which of your
existing Inventory Parts are finished goods and
which are components. You also specify an item's
'unit of measure'. BoMs work with your existing
inventory parts, non-inventory parts, service
and other charge items.
You can
immediately determine the costing and margin
information because All Orders™ sums
the cost of all of its components for you using
either the average costs or purchase costs.
With All Orders™ you can have sub-assemblies with full cost roll-up. If you
change the cost or quantities in a bill of material
of one of the sub-assemblies, it will immediately
be reflected in the costs of the items that depend
on it.
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