Chapter 3: QuickBooks Online for Manufacturing Businesses

A large manufacturing company is likely to require a full Enterprise Resource Planning (ERP) system. Often the cost of this software can run into tens of thousands of dollars a year.

For a small company or a start-up, a full ERP system is not required, and possibly not affordable. QuickBooks Online can be adapted to meet the needs of most industry types.

When setting up QuickBooks Online, there will always be some similarities between different business types. However, the accounting requirements for some businesses can be specific.

Within this chapter, you will learn how to work through the entire end-to-end accounting process of a manufacturing company, starting from the initial customer order through to the point where goods have been manufactured ready for the sales invoice to be raised.

There are some specific accounting entries required within manufacturing, and it is important to understand why. There may...