![]() ![]() You can’t update these items on your assets account.You can’t track the quantity of these items.You can track other products and Xero raw materials under Untracked Inventory, the only issue with this is: Though, before we investigate how you can (kind-of) use Xero raw materials tracking, we should explore the limitations beforehand.Īs already discussed, the Xero inventory management feature only supports those who’re tracking inventory levels of finished goods. You’re technically not able to.īut, as we mentioned earlier, there are ways to get around the missing features for accounting entry raw material consumption. You might be scratching your head, “uh, didn’t I just read that the answer to does Xero track raw materials is a firm no?” The Limitations of Xero Raw Materials Tracking? ![]() We’re going to look further into does Xero track raw materials, the limitations, the workarounds, and how you can implement third-party tools to bridge the manufacturing gap. So, don’t wash your hands of Xero if you think you need it to do more for your manufacturing business. Helping you create a personalized item list that will auto-fill future transaction fields, and easily track your cost of goods sold (COGS). Though it’s not all doom and gloom for us manufacturers, as Xero helps you easily save information from previous transactions such as: It also comes with basic inventory management features, though these have been catered more to retailers or drop shippers.Īnd unfortunately for direct-to-consumer (D2C) manufacturers, it doesn’t support manufacturing or accounting entry raw material consumption (at least not directly, anyway). Xero is a fabulous piece of tool built specifically to help you manage your business’s bookkeeping. Otherwise, let’s quickly bring you up to speed with tracking raw material in accounting software. If you’re well underway to using Xero, we’d recommend skipping to the “Why Use Third-Party Xero Raw Materials Management Solutions?” chapter. We’re here to bring calm and raise awareness for finding a solution to tracking your Xero raw materials. So, fixing these issues is as simple as typing in “ raw material” into the Xero Appstore.īut, don’t panic, as there’s already more than enough panic in the world nowadays.
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