Accounting setup questions?

[hannah]

My is company selling off the shelf software and we burn the CD sw whenever we have customer purchases. I need to create this software item(ISD-005) to inventory list so my question is this item should list as Master stock item or Non-stock item?

Also, we sell off the shelf hardware (HW1504) and since we need to purchase some parts to put on this hardware before we can sell hardware to customer so we have to go through several steps process
1) get the bare board (HW1504PCB)from vendor A
2) get the parts (xxx)from vendor B
3) assembly (HW1504PCA) at vendor C

I have to list HW1504 into iventory item as this stock item available to sell to customer.This will be going to GL Sales Acct (4000): Sales Computer system under income
GL Inventory Acct(1200): Computer under Inventory
GL Cost of Sales Acct(5000): Cost of Sales Computer

Are they correct?

Since I have listed item #1 as stock item being used because when I create a purchase order I can keep track of this item #1.

Is this item #1 should be selected in GL Acct as for raw material (1230) in Purchase Order?

But Item#2, I can't keep track of item inventory because the parts can be share with multi projects and we don't have people to enter how many parts already been used and left. If so, can I list this as non-stock item?

Is this item #1 should be selected in GL Acct as for raw material (1230) in Purchase Order?


Thanks inadvance,
Hannah