How to account for stock given away as promotion

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Jo Rosenhain
Jo Rosenhain Member Posts: 2 ✭
edited August 2019 in Reckon Accounts (Desktop)
We give away stock as part of our marketing and promotional work.
How do I allocate my inventory stock to a marketing expense account please.
Or is there a better way to track this type of entry.
many thanks Jo

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  • Jo Rosenhain
    Jo Rosenhain Member Posts: 2 ✭
    edited August 2016
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    Many thanks Russell. This makes sense now.
  • Steve Cook
    Steve Cook Member Posts: 150 ✭✭
    edited August 2019
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    I do it using "Adjust Quantity/Value on Hand"

    Adjustment Account is whatever account is appropriate

    Leave "Value Adjustment" Unticked

    Enter the new quantity in "New Qty" Column

    Enter a Memo if preferred

    "Save and Close"



  • DebonAir
    DebonAir Member Posts: 392 ✭
    edited May 2017
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    I just do this as a regular sale in an invoice and zero out the price, it immediately reduces the stock and doesn't need any further adjustments.  I also have this line classed as Promotions so they can be quickly search in any reports.

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