If you frequently sell multiple inventory items grouped together, you need to learn about QuickBooks’ assemblies.
Under the Hood

Creating an Assembly Item
- Cost. How much does it cost you to purchase all of the parts for one assembly?
- Sales Price. What will you charge your customers per kit?
- COGS Account. “COGS” stands for Cost of Goods Sold. What account in the Chart of Accounts will you use to track the cost of producing your assemblies? Usually, the default one in QuickBooks is fine.
- Income Account. Which account tracks your sales of this assembly?
- Bill of Materials (BOM). This appears as a table in QuickBooks; it’s a list of all the individual inventory parts that make up the kit, along with their Cost (to you), QTY (quantity required for each assembly), and the total BOM Cost.
