Below is a summary of how SOS Inventory and QuickBooks Online interact with regard to process transactions:
The process transaction in SOS Inventory will:
Decrease the inventory quantity and value of the input items
Increase the quantity and value of the output items.
Cause output items to inherit the value of the input items. The value of the input items is distributed to the output items according to the ratio of the output quantities and standard purchase cost (in the item record) of the output items.
Create a journal entry in QuickBooks that decreases the asset account(s) or expense account(s) of the input items (depending on the type of item) and increases the asset account(s) of the output item(s) by the value of the input item(s).
edit_noteNOTE: An output item that has a 0.00 purchase cost in the item record will receive 0 percent of the input value—unless it is the only output, which will result in the output receiving 100 percent of the value.
edit_noteNOTE: If an input item is a non-inventory/service/expense/labor/other item in SOS Inventory, the expense account of the item is reduced by the process transaction. The value used for each non-inventory/service/expense/labor/other item in the process transaction is the purchase cost in the item record.
edit_noteNOTE: If the process transaction is placed in a work center (if using, Pro plan only) other than Finished goods, the input items are removed from inventory, but the output items are not placed into inventory. The journal entry reflecting the process transaction will not be sent to QuickBooks until the process work center is changed to Finished goods.
edit_noteNOTE: If the journal entry reflecting the process is edited or deleted in QuickBooks, this will not affect the process transaction in SOS Inventory.
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