Setting Up Pending Builds in QuickBooks for Manufacturing
The “build assembly” screen in QuickBooks for manufacturing handles these steps:
- Adds a new quantity of the assembly item into stock upon completion of the build
- Removes the quantities of raw materials and other components from the assembly from stock upon completion
But what if it takes multiple days or weeks to finish production of an assembly item?
Unfortunately, QuickBooks doesn’t know anything about build times or lead times.
If you “Build and Close” the build assembly transaction the day it is entered, your inventory gets messed up. You’ll see an increase in your finished goods and a decrease in your raw material parts well before the assembly item is actually produced.
ENTER THE PENDING BUILD
One simple click may remove a lot of frustration when it comes to your inventory in QuickBooks…
By putting the build in “pending” mode, QuickBooks is then able to see the demand for the various parts inside of the assembly. This demand then flows into important reports such as the inventory stock status.
SEE PENDING BUILDS IN ACTION
This video tutorial demonstrates the many benefits of using the “pending build” feature found in QuickBooks manufacturing edition.
TRACKING PENDING BUILDS
It’s easy to keep track of your pending builds in QuickBooks.
Click Reports > Inventory > Pending Builds and you’ll quickly get a list of all open but unfinished build assembly transactions.
BEYOND PENDING BUILDS: MANUFACTURING ADD-ONS FOR QUICKBOOKS?
What if your business needs more functionality than the manufacturing edition of QuickBooks offers?
You may want to check out these add-on products that can bring increased functionality to you:
NEED HELP MAKING SENSE OF IT ALL?
Tap into my 35+ years of experience when it comes to: inventory, accounting, QuickBooks, and manufacturing. We can easily work together to optimize the use of QuickBooks in your business or explore potential add-ons to extend its’ reach. Contact me today for more information on my consulting services.