I sell items that are made of two components.
I sell the individual components separately as well as the ‘combined’ item. Say it’s a Nut, a Bolt and a Nut/Bolt set.
I have my Chart of Accounts set up in a way that tracks each type of item e.g.
Sales - Nut
Sales - Bolt
Expense - Nut
Expense - Bolt
That way I can directly see how much was spent on Nuts and how much income was generated.
So I initially made the Nut/Bolt set an Inventory Kit however even though the Nut and Bolt (inventory items) have been put towards the custom accounts, the inventory item (Nut/Bolt set) will only allocate to ‘Inventory Sales’ when I receive money (we run online and don’t have Purchase Orders or Account Rec). There’s no way to make this allocate to any other account or customer account.
Am I missing something?
I have since made the Nut/Bolt set a Production Order but it would be great if I didn’t have to keep ‘producing’ sets.
Any help or insight please?