Inventory management with GNU Cash

[Derek Atkins]

Robert Heller <heller at deepsoft.com> writes:

> At Thu, 7 Jun 2012 14:51:54 -0700 Mayank Bhatia <mayankbhatia at gmail.com> wrote:
>
>> 
>> Hi ,
>> 
>> I know this question has been asked many times but I have not seen a
>> satisfactory answer yet.
>> 
>> I am trying to setup GNU cash for my wife's business. She makes handmade
>> jewelry and sells it on etsy and art/craft shows. I tried the pre-defined
>> asset types but none of them are suitable. What I want is an inventory
>> account type and each new item going as a transaction under it, rather than
>> creating new accounts for each item.
>> 
>> I tried stock account but it is not suitable either (it requires me to
>> create a new Stock type for each item). That can go out of had quickly.
>> Some people have suggested that I maintain inventory in separate excel file
>> and then at the end of the month transfer COGS and taxes to different
>> accounts. Isnt there a better way?
>
> Not presently.  GnuCash does not have inventory management logic
> implemented at this point. 

Just to add to this...  The only way to maintain "inventory" in gnucash
is to use the "Stock" accounts, where each item in inventory requires
its own stock ID and stock account.  If you have only a few items in
inventory then that wouldn't be very hard, but if you have lots of items
it can get overwhelming very quickly.

>> thanks
>> Mayank

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-derek

-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
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