barknbite
10-25-2001, 08:06 AM
PROBLEM:
We are a manufacturer, and are going through the process of switching from QB to PT. We manufacturer in house and have outside help as well. I am confused on the best way to setup inventory items and labor because we make the same items in house that we also outsource.
Say Item1 is made by us and has a BOM breakout of: Fabric, Thread, Stuffing, labor, and a Carton and has a total Cost of $6. Item1 is also made out of house with the same items, plus labor for $6.25. I understand how assemblies work with no problem. But a little confused between labor items and activity items.
QUESTIONS:
1. Should I setup a seperate part/item for the same item? 1 for in house 1 for out of house? Or is there a different way?
2. When we buy the outsourced items it's one flat price of $6.25 and I don't care about tracking the cost of labor. However when we make 10 items at a labor charge of $2 Is there a way to accumulate this so that each week I know how much money to pay out?
3. Do I use payroll or time & Billing? We have been treating our "employees" (my wife and I) as a "contractor" to get around the tax complications.
Any help or direction would be appreciated.
I forgot to mention I am running PT Complete Account 2002 v9
We are a manufacturer, and are going through the process of switching from QB to PT. We manufacturer in house and have outside help as well. I am confused on the best way to setup inventory items and labor because we make the same items in house that we also outsource.
Say Item1 is made by us and has a BOM breakout of: Fabric, Thread, Stuffing, labor, and a Carton and has a total Cost of $6. Item1 is also made out of house with the same items, plus labor for $6.25. I understand how assemblies work with no problem. But a little confused between labor items and activity items.
QUESTIONS:
1. Should I setup a seperate part/item for the same item? 1 for in house 1 for out of house? Or is there a different way?
2. When we buy the outsourced items it's one flat price of $6.25 and I don't care about tracking the cost of labor. However when we make 10 items at a labor charge of $2 Is there a way to accumulate this so that each week I know how much money to pay out?
3. Do I use payroll or time & Billing? We have been treating our "employees" (my wife and I) as a "contractor" to get around the tax complications.
Any help or direction would be appreciated.
I forgot to mention I am running PT Complete Account 2002 v9