A kit is a group of items that also can be
sold separately. For example, if you have a computer system that is
composed of a computer, monitor, printer and software, you can either
sell these items as a kit, or individually. Quantities aren’t tracked
for items you designate as kits. However, current costs are associated
with the items associated with the kit, and the quantity sold is tracked
when these items are used at the time of sale. When you post a
transaction that contains a kit item, amounts are posted to the Cost of
Goods Sold account specified—you can choose to use the Cost of Goods
Sold account for each component item in the kit, or a separate Cost of
Goods Sold account defined for the kit itself.
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