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October 25, 2021
Question

Having New Parts Made

  • October 25, 2021
  • 1 reply
  • 0 views

We buy boards from one supplier and have a second person make them into many different parts for canoes.

How do I create these parts with the correct COG?  Using Quckbooks Premier 2020 Retail.  Thank you.

 

1 reply

October 26, 2021

Hi there 30073,

 

It's vital that all your transactions be entered correctly so that your books are well balanced. QuickBooks Desktop gives you the option to keep track of inventory so that you know how much it cost as well as the profit you're making. I can point you in the right direction for information about inventory transactions.

 

In order to know the best way of entering the transactions relating to you purchasing this inventory item, then having it be worked on to be transformed into a few items, I recommend reaching out to the QuickBooks Desktop support team. They'll be able to view your account in a secure setting in order to guide you in creating these transactions. You can find the ways to reach them in the Quickbooks Desktop software support policies.

 

If you have any other questions, feel free to reach out here.