Stock write off due to SA Plastic Ban

Glenys · August 6

Hi

I have a heap of stock that is not allowed to be sold due to the SA Plastics Ban last September. I finally have a list of it all and just want to check I am setting up the account correctly and then adjusting the stock. Currently have set up an Other Expense Account/SA Plastic Ban - Tax NCG. Do I then go into Items, Adjust Quantities, and then choose this as the Adjustment Account?

Await any advice please. Thanks

Acctd4 · August 7

Hi @Glenys

Yes, but no tax code (you would have already claimed the GST on the bill/cheque when originally purchased) 😁

Glenys · August 7

Thanks so much Shaz, appreciate your help.

Kind Regards Glenys

Stock write off due to SA Plastic Ban

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