An assembly is composed of components which are individual parts in the inventory or other sub-assemblies. Assemblies in MyLedger allow you to do manage your manufacturing process.
Work flow for using assemblies:
Please note that you cannot buy parts defined as assemblies.
As assembly is just like any other inventory item in your sql-ledger with the additional information about its components. You define new assemblies using Goods and Services–Add Assembly.
This option reduces the quantities of the components and increases the onhand quantity of the assemblies. COGS is not recorded at this point.
COGS for the assembly is recorded from individual components when you sell the assembly. FIFO allocation also occurs at the time of sale. (Rows are inserted in invoice table for component parts with assemblyitem=TRUE)