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Default Can I make Bills of Material that deducte given QTY's fron invant

I have a spread sheet that I have created to track the invantory of parts
that we put into kits. I update the spreadsheet the long way every time I
sell a kit. Is it posable to to make parts lists on either a seperate
"sheet" or on a seperate document that will have all of the parts that go
into these kits and their quantities so that I can just subtract a kit at a
time from the total invantory?
 
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