Hello All,
How do we record the cost (not revenue) for inventoried items that have been consumed in fulfillment of a maintenance contract? The maintenance contracts are sold in advance for a flat(fixed) price and revenue is deferred via a deferred revenue model. This question is only about recognizing the cost of items consumed in the course of the contract.
I understand the concept of analytic accounting, but I can't find advice on how to charge the cost of inventoried items to a project for a maintenance contract (via the analytic account).
The documentation only refers to expenses, items purchased via a PO and time charged:
I also do not see a way to do this in the inventory module... any help would be appreciated.
