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How to record stock move for internal consumption / internal use

Cyrus Waithaka
on 6/8/16, 2:16 AM 1,791 views

Hi everyone,

I have a use case in which I would like to track the stock quantities of certain items that are meant for internal consumption / use such as stationery. I have created an internal stock location called stationery where all purchased stationery is stored. However, how should I record outgoing stock once these are expensed to the office for use. PS, they are not used to manufacture a specific thing.



| 6 5 7
Lodz, Poland

On 6/8/16, 8:56 AM

Solution 1:

You create new stock location (type inventory), set it the appropriate accounts and ... at the end, prepare move to it.

Solution 2:

Create move with destination = Customers Location, without invoicing, and with partner = your company.

Solution 3:

See post @Pinakin

regarding your second solution, actually we are using something in our office so those are became our asset and we have to show them on Final Account otherwise we have to treat those as a expense.

Pinakin Nayi (pna)
on 6/9/16, 2:00 AM
Cyrus Waithaka
On 6/8/16, 9:30 AM

This seems to be the right way as it will make the necessary accounting move. However, I feel that there should be an easier way... Also, we may not know how much/many items have been used.


Pinakin Nayi (pna)

--Pinakin Nayi (pna)--
| 2 1 5
Ahmedabad, India
--Pinakin Nayi (pna)--

He has good skills in problem identification and implementation of effective solutions. He is working in RD India validation team.

Skype: pinakinerp

LinkedIn : https://www.linkedin.com/in/pinakin-nayi-2a33103a/


Pinakin Nayi (pna)
On 6/8/16, 3:32 AM

I think, you mean take inventory for use in the business,

if so use inventory adjust, set the adjusting account to the business use account (office expenses), and lower the qty.

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Asked: 6/8/16, 2:16 AM
Seen: 1791 times
Last updated: 6/8/16, 9:30 AM