I s it possible to maintain manufacturing accounts in Quickbooks. or open a new company for sale of finished goods and another company to record issue of rawmaterials for production. please help
ARJANAKI (ACCOUNTS OFFICER) (98 Points)
27 July 2010I s it possible to maintain manufacturing accounts in Quickbooks. or open a new company for sale of finished goods and another company to record issue of rawmaterials for production. please help
V.S. Balasubramanian
(QuickBooks Pro Advisor Consultant & Trainer)
(145 Points)
Replied 07 October 2011
yes it is possible to accounts the same way you wanted it. Please try quickbooks premier edition.
Hi Friends
Good news. I am very happy to inform that we will be getting the Quickbooks for India very soon. At present Intuit released the beta version of Online Edition of Quickbooks for testing purpose. I have throughly checked the each & every module and found that it can be used for Indian Book Keeping. It has the features of TDS, VAT & Service Tax.
This is only online Edition and you can use it for free for the time being.
www.intuitqbo.in
https://quickbooksonline.co.in
If any consultation and assistance required, please get in touch with me. I can be reached on my mobile +91-99406.55579 or
V.S. Balasubramanian
PriyankaD
(Consultant)
(252 Points)
Replied 05 March 2021
Yes, You can. QuickBooks Enterprise for Manufacturing & Wholesale has all the tools you need to keep your inventory management and sales fulfillment on track.
In a manufacturing environment, the manufacturer combines raw materials items into finished-goods items. This means — and this is the challenging part — that the manufacturing process reduces the inventory count and value for some items (the raw materials or the components) and at the same time increases the count and value of the other, finished-goods items.