Sales Item

Quantities are tracked. You can enter both increase and decrease adjustments. Amounts posted to the Inventory and Inventory Offset accounts appear on the Distributions Breakdown Register. Posting from Purchase Order Processing affects the Cash or Accounts Payables accounts. Posting from Sales Order Processing affects the Sales, Cash, Cost of Good Sold, or Accounts Receivables accounts.

Kit

Quantities aren't tracked. Kits consist of one or more components, which can be services, sales inventory, miscellaneous charges, discontinued, or flat fee items. Posting updates the Inventory and Cost of Goods Sold accounts specified for each component. If you plan to create a phantom bill for use on a bill of materials, we recommend not assigning components to the Kit in Inventory. Posting from Sales Order Processing affects the Sales, Cash, Cost of Good Sold, or Accounts Receivables accounts.