I am a puzzled at the behavior of non-inventory items, please help me. We are a manufacturing company and we are using the production order module for production of items already created as an inventory item. Through production order, we create production of finished item (created as inventory item…

I believe all your confusion will be resolved if you realize that non-inventory items have no interactions with goods receipts or delivery notes. Nor do they appear in any counts of anything: themselves, quantities to deliver or receive, or anything else. They have no value in Inventory on hand. The…

Thanks for your response. Your explanation is clear. Also, understood that the non-inventory items have no interaction with any of goods receipt, delivery note. As I explained above, we intend to use non-inventory items only for trading (buying & selling) in same account created (in Income group) …

[image] sonicgroup: Is it right to use this way and for the intended purpose to have effect in the profit & loss of the company. From a financial viewpoint, it is neither right nor wrong. It is a little unusual, though. Normally, income is recorded to one account and expenses to another to ma…

My question is in the production module. If you want to add non inventory cost to production. Where do you classify them in chart of account? For example. If I have Finished good as 20Bags And bill of materials needed to produce 20bags had also been imputed. I also want the system to take into co…

[image] Vetagro_Emporium: Where do you classify them in chart of account? Anywhere that is appropriate. Direct labor costs of production, for example, could be allocated to a Wages account. Non-inventory costs are posted as credits to the account(s) where they are allocated. So they reduce th…

Non-Inventory Items

Tut Split this topic October 7, 2022, 3:45pm 7

4 posts were split to a new topic: Assigning non-inventory costs to inventory items

Topic		Replies	Views
Inventory - Non Inventory Items	14	2867	January 18, 2023
Non inventory items	10	2456	January 18, 2023
Inventory on Hand -v- Purchase Inventory Item	25	3855	January 18, 2023
Non-Inventory Cost Liability account on production orders	19	1771	January 18, 2023
Manufacturing Orders (now Production Orders)	52	5711	January 18, 2023

Non-Inventory Items

Related topics