How can I track non-inventory items such as office supplies (e.g., pens, paper) similarly to our inventory items in the accounting software? I’d like to monitor quantities and usage, categorize these items for better management and reporting, and generate usage reports for better cost control.
Any advice on achieving these goals would be appreciated.
What you are asking makes them Inventory Items. So treat them as inventory items you can do these things you mentioned upto some extent. You can create a seperate Control Account (e.g office supplies) for these to seperate them from other Inventory Items.
Btw usually cost of office supplies is very minor so tracking them wont be of much benefit. Usually they are considered as non-inventory items and their expense is considered the moment they are purchased not after they are used.
Thank you so much. I already tried. It works.
