BOM
How to create bill of material as a product
To create a Bill of materials you need to create a new product
Standard fields
Fill the standard product fields. (like in a simple product)
Go to products and services and create a new product.
BOM definition
From the Fullfilment list select the bom as back order

In the general fulfillment section you have next fields:
- base qty-initial production quantity 
- estimated cost-derived from the sum of costing of each component 
- minimum stock qty 
- and estimated time 
In bill of materials section you need to build up your componentes and sub components

You can create different types of BOM:
- single level 
- without final product 
- services only 
- and multi-level or complex BOM 
Other settings
as you define all components you can continue with product definition in other sections:
- define images 
- barcodes and serials 
- additional info 
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