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The Bill of Materials (BOM) functionality available in QuickBooks Premier Manufacturing & Wholesale Edition provides you with many industry specific features to meet your needs in tracking the costs and raw materials associated with assembled products. The system gives you the flexibility to include both material and non-material costs in the costing of your assembled products. For example, you can include costs such as labor and overhead, along with raw material costs in your Bills of Materials (BOMs). This functionality ensures that your costs are accurately discovered and your product prices properly reflect those costs.
Furthermore, when products are in the assembly process, QuickBooks Premier Manufacturing & Wholesale Edition will automatically deduct the raw materials used in the assembly from inventory volumes. When an assembly is complete, the final product is added to your finished goods inventory. The BOM functionality available in QuickBooks Premier Manufacturing & Wholesale Edition will ensure that all of your inventory is properly accounted for, down the smallest nut or bolt.
"Bills of Materials - Manufacturing & Wholesale Edition" is part of the QuickBooks Premier line of products, developed by Intuit.