Accounting Cost of Goods Sold and Inventory Item Cost

25

@nineone
Try this method: -

  1. Create a stock item for ABC
  2. Create a stock item for shipping
  3. Purchase ABC on a Supplier Invoice.
  4. Create a production order for the 10 x ABC and 1 x Shipping
  5. Give the Final Product a name
  6. Create a sales and a cogs account for the product (Sales – ABC) and COGS – ABC
  7. The stock will be deducted from the Inventory with the cost
  8. When you Invoice, Invoice the Final Product Name on the Sales – ABC account. The shipping will automatically be included in the invoice.
  9. Do an Inventory Write Off to the COGS – ABC Account (The Developers are busy with a module to correct this. This is only a work Around)

This works for me. Whether you have 1 x ABC or 100 x ABC the shipping will only be R 200.00.
Hope this works for you.