Kits are simply a way to group products for purposes of selling them as a single unit in an opportunity or billing. A product can be sold by itself or bundled together in a kit.
Creating a Kit
To create a kit all of the kit components must be setup as products already. Once all of the kit components are created follow these steps.
- Navigate to the product tab and Create a new product for the Kit. Make sure the inventory type is set to "Kit". The unit cost of the kit should be the sum of the cost of it's components.
- Under the Product Parts related list select new product part. Add the quantity of the unit to be included in the kit and click save.
- Repeat with any additional product parts
If a product is a kit component, the parent product will be listed in the parent product related list.
Using Kits with Sales Orders
When creating a sales order from an opportunity with a kit as one of the opportunity products, the product parts of the kit will each be passed as separate line items to the sales order. Product parts will be passed into the sales order from the opportunity with a unit price of zero. The kit product itself will be passed into the sales order, with the price entered on the opportunity product line.
How the use of kits effects billing and cost recognition
When a kit is billed, the cost of its product parts at standard cost will be recognized when the billing transaction is posted.