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You run a landscaping business. You use QuickBooks to track your sales but need to correctly set up the items and services yo
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Item Type What you Sell Reason
A. Inventory Assembly 4) ________ Sprinkler systems that are made from Several different parts; Pipes, Sprinkle heads, and Pumps. You track how many of these things you have on hand. Inventory Assembly helps business in maintainance track of Parts used in assembly and recording assembling of product. As Sprinkler system is assembled with use of various parts which need to be tracked , Inventory Assembly shall be used.
B. Non-Inventory Part 3) ________ Random assortment of wildflower seeds sold by bag. You don't keep track of how many you keep on hand. Non Inventory Part is used in Quickbook when you buy and sell a product but you do not keep track of it's inventory for various reasons most general being it's cost is minimal.
C. Inventory Part 2) ________ Large Rock Fountains that you buy from a vendor and you track how many of them you have on hand. Inventory part is used when you buy and sell a product by keeping track on inventory. This helps one in keep track of useful information such as stock in hand and cost of goods sold.
D. Services 1) Gardening and tree trimming performed by the hour. Gardening and Tree trimming is a type of service where an individual is providing efforts and skills instead of any tangible product. Hence same is charged on time basis.
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