Dynamics GP Inventory BOM/Assembly Transaction Entry

For those companies that do light manufacturing or assembly and don’t want or need the complexities inherent with full-blown GP Manufacturing, there is a rather little-known feature that works in conjunction with GP Inventory (currently only available with the Business Ready Licensing Advance Management pricing model) called ‘Inventory Bill of Materials’.  Inventory BOM, along with the Assembly Entry transaction, provides a simple method for converting components into an assembled product.  The Assembly transaction also decrements the components and increments the ‘Finished Good’ and performs the accounting entries, including variances.

The basis for the Assembly Transaction Entry is the Item Bill of Materials (BOM).  The BOM is like a recipe for the product – it specifies what ingredients and how much of each ingredient are necessary to make the product – in this example – a fictitious, lot tracked product called ‘RTU’.   The product could just as well be serial tracked, or have no tracking.

Here’s a picture of the BOM -

Cards>Inventory>Bill of Materials

As you can see, the Bill Number is RTU (considered the ‘Parent’ Item Number) and the Components are:

1. B5028 with a per unit quantity of 0.0672 Kilo
2. One Trigger
3. One FFP-RTU process

The screen above also indicates the Effective Date of the BOM, Standard Cost and other attributes.

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