If you're looking for 'inventory control/manangement' or 'item tracking'
by quantity, no, GnuCash can't do it. (out of the box)
Some people have finagled it to do so using user-defined commodity
accounts, but that seems like more trouble than it is worth.
Inventory management should be done in a separate app and the resulting
monetary values imported into GnuCash for accounting.
If you just want to track monetary-value of your inventory, yes,
absolutely, GnuCash can handle that, be it parts, assemblies, etc.
A good accounting reference on manufacturing accounting will show you
the transaction entries for acquiring the raw material inventory, and
then moving inventory from raw materials, to work in progress, to
finished goods, then cost of goods sold and revenue.
Here's a good start: https://www.principlesofaccounting.com/
But there are plenty of others online and in your nearest library.
Especially consider college texts for basic and 2nd level accounting.
(usually the first two courses are from the first half and second half
of the same text)
Regards,
Adrien
On 3/16/22 8:59 PM, Frederick wrote:
Hi there, i am a interested in abandoning my Accounting software and looking to
see if Gnucash will work for my one person business.
The main issue is that i manufacture items to sell and need software that can
account for assemblies. This can go by the name of manufacture/build or
assembly. Sage 50 calls this Assembly.
If someone can let me know if builds are easily possible with gnucash and
direct me to literature on this matter, it would be greatly appreciated.
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