Is there a way where we can account for inventory items that are 50% used therefore only have 50% va
Deb_8351604
Member Posts: 17 ✭
Is there a way where we can account for inventory items that are 50% used therefore only have 50% value. Ours is a drilling company so we may purchase drill bits for a job and they are costed to that job but we will get them back 50% worn and they can be used again. Is there a way that we can account for this in Inventory ?
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Comments
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There are a few ways to do this....
1. Not have this item as inventory but rather use the Non-Inventory option.
2. Re-enter this item on its return as 0.5. This will allow you to return it half its value but allow you to sell it back out at full price. However, if you sell/use it at full price for a second job this will make a mess of your inventory totals on hand.
Considering the impact of #2 on stock numbers/values, best option is to go with #10
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