Finished Goods Overview

(Bill of Materials/Finished Goods users only)

Finished Goods is an extension of the Bill of Materials application.  It allows you to take groups of raw materials and convert them into an item which is stocked in your inventory file.  Unlike kits, which must be sold for the inventory of the components to be updated, Finished Goods commits the inventory of the components immediately, and when the finished item is built, it depletes the quantity of the components and increases the quantity of the finished item. At any time in the future, the finished item can be sold at POS, just like any other item you sell.  

For example, you assemble a pre-hung door which consists of several raw materials, such as the door blank, jambs, hinges, door-stop, trim, etc.  You then place the door in inventory for later sale.  By using the Finished Goods application, your inventory is correctly updated— depleting your inventory of the raw materials you used in making the door, and increasing the inventory of the door itself— the "finished" item.

The topics in the Finished Goods books assume that you are already familiar with the Bill of Materials application.

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