Software: MoneyWorks accounting software
Repacking of products occur in trading or OEM (Original equipment manufacturer) businesses. For example, a spices trader may buy the goods in tons but repack into a smaller bag of 25kg or 50kg; or pack into bags or carton with the customer’s branding or languages as required.
You can consider using an assembly method to repack the item into different UOM (unit of measure); in this case, the UOM has changed from kg to bags. For example, you buy item ABC123 in kg but resell to the customer as a bag of 25kg. After records the purchase of ABC123, you create another item and name it as ABC123-25 with the UOM as ‘bag’. Then, go to the BOM tab and select ABC123 as a component with a quantity of 25 (25kg). To automate the process, you may also select ‘Auto Build’, these allow MoneyWorks to create ABC123-25 and deduct the quantity of the source item ABC123 automatically when sold.
You can create many assembly items with a single source product which you have purchased from the supplier. You may also use the assembly method to repack promotional item; for example, a chocolate retailer may repack the chocolate bar into a gift pack during Christmas or special occasion.
You don’t need to be a manufacturer to use the assembly feature. You can use the assembly feature to convert from a barrel to pint, ml to bottle, or sachets into boxes. Assembly is useful, try it out.