V9 - Process transaction interaction

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 or entries in QuickBooks that: (1) decreases the asset account(s) or expense account(s) of the input items (depending on the type of item); and (2) 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's item type is Non-inventory, Expense, Service, Labor, or Overhead in SOS Inventory, the process transaction results in a credit to the input item's expense account. The value used for this input in the process transaction is the purchase cost in its item definition. If the input item is an Inventory or Assembly item type, the process transaction results in a credit to the item's asset account. The value used for this input is based on the tracked value using the current valuation method. An output Inventory or Assembly item will result in a debit to the asset account in its definition, based on the item's defined purchase cost.

edit_noteNOTE: If the process transaction is placed in a work center 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. Work centers are available only on the Pro plan.

edit_noteNOTE: If the journal entry or entries reflecting the process is/are edited or deleted in QuickBooks, this will not affect the process transaction in SOS Inventory.